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Website-:http://www.thetwitt.com Now Make Sense of API Monetization Strategy in Economy As a Technology Company, you may have already been publishing and consuming APIs. It can be seen as influence to your technology assets in order to get exposure to a broader business strategy or participation in the growing API economy. Therefore, we all think about the ways to monetize the APIs because, the Company’s growth is measured by on ‘how well it is moving the Company’s businesses. There are many models for doing everything right. A hybrid model leads to both Revenue and to the Market Reach. The achievement of the best possible results depends on the fact, that what you want to accomplish from the start and planning the strategy and executing accordingly. Let us just throw a light on some of the most common and obvious models: The Strategic Integration Model: The name of this model may just sound a little confusing. In this type, the model for monetizing their API doesn’t have base on the call volume. In this model, the company is not making any money by just delivering a new product or capabilities through their API’s. The Company make money by enabling their already existing services in order to become more persuasive. Subscription Model: This model is often named as the tiered pricing model. All the work done in this model is ideally done to generate revenue. It is done because meant to generate revenue. It is because, there is a very fair amount of cost is there to develop, deploy and also to support an effective API strategy. Therefore, there are many models that offer effective API Monetization Strategies in the field. Choosing an effective API monetization strategy is an important part in Economy and also for the business to grow.