how pass parameters to web api through ajax call

function GetJson() {
    // Send an AJAX request
    $.ajax({
        type: "POST",
        url: "/api/Product",
        data:{name:'Hello'},
        dataType: 'json',
        success: function (response) {
            alert(response);
        },
        error: function (xhr, ajaxOptions, thrownError) {
            alert(xhr.status);
            alert(thrownError);
        }
    });
}