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This domain could be well suited to an e-commerce company.
The word "NowLot" contains only six characters and only two syllables. Two syllable names make popular global brands. Established brands using two syllable names include Google, Gucci and Pocket.
This domain was first registered in January 2019. Older domains have an advantage when ranking in search engines.
Nowlot.com is a dot-com domain. Dot com domains are the most sought after top-level-domain in the world, used by famous websites like youtube.com. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.