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1. Widgetworld.com: Widgets and Butter
2. Widgets and Butter
Does adding Widgetworld.com have a negative impact on searches for:
Widgets and Butter
?
A third option is to have "(Find)Widgets and Butter at Widgetworld".
I work on the assumption that it's best to keep the specific keywords nearer the start of the title.
Branding is important, and imrho the greatest opportunity for strengthening your brand is a higher position in the SERPs.
Higher rankings with a relevant title can mean dramatically more clickthroughs, and a single targeted visitor to your site can do more to build your brand than ten who just look at your listing in the SERPs.
In PPC on the other hand... it can sometimes be worth adding the brand name since it isn't going to impact your positioning at all.
In my experience, adding the name of the site after the keywords has little if any real-world impact on SERP placement. I've been doing it for a while now, because I've come to the conclusion that (a) it's likely to increase clickthroughs by readers who are familiar with my site, and (b) it helps to reinforce my "brand identity."