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This brand name is perfect for a company in the retail or e-commerce sectors.
The name "CheapPen" has eight letters and just two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Lego, FedEx and Delta.
This domain was first registered in May 2004. Older domains have an advantage when ranking in search engines.
Cheappen.com is a dot-com domain. Dot com domains are synonymous with websites. Once you own a dot-com, it will be much easier to rank for your own name in Google.
One suggestion for how this name could sound when used.