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This domain name would be well suited to a business or retail brand.
The name "baggly" has only six characters and just two syllables. Two syllable names make popular global brands. Successful brands using two syllable names include YouTube, Pepsi and Kleenex.
Baggly.com is a dot-com domain. Dot com is the most valued domain extension. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.
One suggestion for how this name could sound when used.