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This brand name is perfect for a search marketing or SEM company.
The name "SEMspot" has seven letters and just two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Gucci, Lego and Kleenex.
This domain was first registered in September 2013. Older domains have an advantage when ranking in search engines.
Semspot.com is a dot com domain. Dot com domains are the most valued top-level-domain in the world, famously used by 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.
One suggestion for how this name could sound when used.