I want to rank for the keyword
widget with my website
If I purchase the domain
onlinewidget.example and make 301 permanent redirect to
myownwidget.example will it help in terms of SEO?
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If onlinewidget.example is a competitor of yours with good rankings, this will work very well.
If onlinewidget.example used to be a competitor until recently, and the website or domain has been offline/disconnected/unregistered for only a few months, this is very likely to give you a boost as well.
There will be zero impact if onlinewidget.example is…