What is a Pricing Plan

Products are the basic unit at api.market that you use to sell APIs. Each Product needs to have one or more Pricing Plans.

Pricing Plan Config allows you to offer different types of Products suited for your Business Use-Case. You can offer a limited FREE version or offer a pay-per-use Plan.

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πŸ’‘ Flexible Configuration: A Pricing Plan can be configured in many different ways to match your business needs. The examples below show some of the more frequently used configurations.

You can add Pricing Plans using the "Manage Pricing Plans" tab in your Product Settings.

Example Pricing Plans for a Product

πŸ” Pricing Plan Access

While creating a Pricing Plan, you can configure it to be accessible only through certain ways. These are the various types of visibility/access patterns we support.

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πŸ’‘ Need a different access pattern? Let us know - it's quite easy to add new access ways!

Access Types

Access Type
Description

public

Anyone can see on Portal and subscribe

private

Only emails on the private access list added by the admin can be seen and subscribed. Users can always see products they have subscribed to.

restricted

Anyone can see but only admin-approved users can subscribe. Users can request access by clicking on "Request Access" and once the admin approves, they can see the Subscribe button.

enterprise

A dummy product that links to a "Calendly" link or a Form. Used to display the "Talk To Us" button with that link.

πŸ’° Various Types of Pricing Plans

These plans are not really types but various examples of the Pricing Plan configured differently. You can configure the Pricing Plan of a Product in whatever way you may like.

1. FREE

Settings:

  • Pricing: $0/month

  • Limited API Calls

  • Hard LIMIT

  • No Credit Card Required

This Pricing Plan allows API Sellers to offer a free product that enables users to experience the platform without providing credit card information. Typically, this plan is limited to a few hundred API calls per month.

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2. Pay Per User (Pay-As-You-Go)

Settings:

  • Pricing: $0/month

  • Large number of API Calls

  • Soft LIMIT with Overage Charges

  • Credit Card Required

This Pricing Plan allows API Sellers to offer a product where charges are incurred at the end of the subscription cycle based on usage, calculated as the number of API Calls multiplied by the Cost per API Call.

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πŸ’‘ How it works: Customers pay only for what they use. Charges are calculated at the end of each billing cycle.

3. Subscription

Settings:

  • Pricing: Greater than $0/month

  • Defined Number of API Calls

  • Hard LIMIT with No Overage Charges

  • Credit Card Required

This Pricing Plan enables API Sellers to provide a straightforward subscription product. Once the customer reaches the allocated quota of API calls, they will receive a 429 error.

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4. Subscription with Overage

Settings:

  • Pricing: Greater than $0/month

  • Defined Number of API Calls

  • Soft LIMIT with Overage Charges

  • Credit Card Required

This Pricing Plan allows API Sellers to provide a subscription product where customers are charged based on the overage amount once they exceed the allocated quota of API calls.

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πŸ’‘ Best for: Customers who want predictable monthly costs but may occasionally need more capacity.

πŸš€ Next Steps

Now that you understand Pricing Plans:

  1. πŸ‘‰ Create a Product using the Wizard - Set up your first product

  2. πŸ‘‰ What is an API Product? - Review product structure

  3. πŸ‘‰ API Seller Console - Access your dashboard


Ready to create your pricing plan? Head to the Seller Consolearrow-up-right and start configuring!

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