The Market Profitability Gauge (MPG) is an Excel spreadsheet, already formatted and with the formulas in place (see the screen shot below). Just download it to your computer, save it where you can find it easily, and open it using Microsoft Excel or the free spreadsheet available at www.openoffice.org.

Click here to download the MPG now.

Here’s the MPG in action, with a couple of example markets:

market profitability gauge

The THM (Total Market Health) numbers are scored as follows:

0-50 Not much commerce happening here  
51-100 Hard place to make money
101-200 Good place for AdWords beginners
201-1000 Competitive Market - Better know your stuff
1001+ Hyper-Competitive Market - Sharks only