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Make sure whatever you sell is a long term product in the market, unless you are happy selling products that are only popular in the short term or are seasonal.
Are people commonly searching for it online or is online or is it something obscure that few are familiar with?
Is your niche based on today’s technology or technology of the past?
Is there already too much competition?
Is your niche a growing market?
Can you sell the product for a high enough price?
Does it focus on meeting the needs of people in modern day society?
Does your product resolve any issue or solve a problem?
Make sure there are no legal limitations to sell your product.
Can you build a big business with your product as you grow?