Fabulous brand name which plays on the word "lipstick".
The name "lipstik" has seven characters and just two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Ikea, Buffer and Sony.
Lipstik.com is a dot com domain. Dot com domains are the most valuable domain extension in the world, famously used by websites like twitter.com. A dot com is the first thing people think of when they think of a website.