Another great example of using APIs to boost business is Netflix. The streaming company used to only offer subscriptions. In addition to developing a responsive website, Netflix integrated its program with other technologies. One of them was to enable access using a Smart TV. Did you notice that there are no limits to the use of this technology?
But, as you can see from the examples finland mobile database above, the business logic of the examples mentioned was different. Let's look at these types of revenue generation below.
API monetization can have different business logics. While one can generate value directly through its use, others can be monetized in other ways, such as generating free advertising for the consumption of a certain product or service.