Question about finding Niche

[iGrind973]

Hi all, I've been researching ideas and brainstorming my new muse for quite sometime now. Ive picked acouple good ideas and I'm moving to phase two of finding if there is a market for my muse. Ive used Google Keywords to look up how much traffic a specific keyword is getting in relation to my muse. The one question I have is how much traffic is a good number for the keyword to get in order to have a chance at a successful product or service within that niche? For example on one my my ideas the main search term gets about 8100 global searches a month and about 5400 local searches. The second set of keywords gets about 1300 global and locally. Is this a good number of searches for there to be a market? What number does you guys normally aim for?


Thanks for any responses.

[Jewbacabra]

Hey hows it going!

Those numbers seem small to me. Depending on your product, it may be worthwhile or not. Are you planning on a one-time sell sort of thing, or a cyclical/subscription based thing that you can sell again and again to similar/same customers? If you are thinking the latter, you're probably safe.

As far as finding market size, check out this article from tims blog : http://www.fourhourworkweek.com/blog/2011/09/24/how-to-create-a-million-dollar-business-this-weekend-examples-appsumo-mint-chihuahuas/

tl;dr make a basic sales page about your product and drive traffic to it. Either collect emails or sell it and see if theres interest.