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.co is a failure. They sell very less than a .com Only typo traffic you might get. Since google eliminates typos, chances of getting traffic intended for .com is very slim. Also, .co domains are columbia specific, have not come to mainstream, except a few rare cases.

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Well, there's no .com domain (it's just parked) for the company name I've chosen. So the options are getXXXX.com (which i know own) or XXXX.co (which I'm thinking of purchasing). Thanks for your thoughts on the matter

As someone who bought his first domain from someone else some weeks ago, I'd suggest you to contact the current owner and ask them if they might be interested in selling it. After a few days of negotiation, I was able to get the domain for a very reasonable price.

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