Aggregator marketplaces consist of one or more hubs. API providers build their API products on publisher hubs through proper definitions.
From the hub publisher, APIs or API components are published to the hub developer portal, which greatly increases market visibility as the hub will have its own consumer belize phone numbers base that subscribes to and uses the API product. The hub will also have its own gateway.
The more you use the Hub, the wider your audience will be able to reach.
Multiple hubs can be used. For example, one hub will provide some of its API products to a second hub. The second hub will have its own set of API providers, as well as its own collection of API products for sale.
Therefore, API products shared from the first hub to the second hub can earn revenue through both platforms.
When API products are shared across multiple hubs, market visibility and sales volume are greatly increased.
Other types of API Marketplaces
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When APIs are available in a shared environment, such as an aggregator marketplace, where API products and components are listed, selling your APIs becomes much easier and faster.
A well-established API marketplace can create a more engaging space and a more fulfilling environment. It can also promote API growth across the ecosystem, both externally and internally.
But aggregator markets aren’t the only type of API market.
As briefly mentioned earlier, API developers also have the opportunity to increase the market visibility of their API products by using internal marketplaces, partner marketplaces, closed-group marketplaces, or shared revenue markets.
Internal market
The internal market is limited to one organization only.
Teams or departments that own and manage APIs can use a common platform for reuse across their organization. Consumers include both internal people and external partners.
Because the internal marketplace involves multiple API owners, there is some freedom in defining and managing APIs, but the internal marketplace remains a common marketplace, meaning there is a form of overall quality control and governance when APIs are released to the platform, to ensure that each API meets a baseline quality level.
With the internal market, there is no income incentive for units. The main goal of the internal market is reuse and collaboration.
