Merchant looking for creative ways to research what products to sell to affiliates

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Affiliates have their "system" of how to research their niche including making sure they have interesting products to sell with an adequate commission for their efforts. So far I have been learning how to research from an affiliate point of view but now I want to spend some time researching on the other side of the equation before deciding on a battle plan. From the side of a merchant that does not yet have a product and is considering producing a product but I want to find the need first before starting.

There are products that I can have private labeled and that I already have some experience with years ago and now I want to start up again but by market online through potential affiliates that desire the products to offer. Other than going to Clickbank or Share-A-Sale and looking for the top selling products, are there any other software or utilities that would give additional indicators (again from a merchants point of view) of which niche products that have room for more competition ? Other than looking at the top selling products, what other sources for data (or tricks for using the most popular data) can I analyze so that I know in advance what will draw a good audience of affiliates ?

The only thing that comes to mind is seeing the volume of sales compared to the number of suppliers of that type of product along with identifying which ones allow a very attractive commission. What other indicators I can look at ? What web sites or tools for merchants exist to give me data like this ?
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