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This domain name would be well suited to an e-commerce or retail company.
The word "magicbenefit" contains 12 characters and five syllables.
This domain was first registered in May 2014. Older domains have an advantage when ranking in search engines.
Magicbenefit.com is a .com domain. Dot com domains are the most popular, and the most desirable. Once you own a .com, it will be much easier to rank for your own name in Google.
One suggestion for how this name could sound when used.