How to access an opportunity by using Google's Keyword Planner.

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Hi, I have an idea that I am trying evaluate. Big consideration is how much organic traffic I could get from Google searches. Right now for my keywords it says: 100-1K average monthly searches and the competition is “low”

-How is this?
-What is an ideal outcome you would want to see on the Keyword Planner?
-What is a no-go or too small?

Thank you.

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