5 domains for 5 products. Each webiste has only 1 page and all five pages link to each other under the same Ip hosting !? earn by blogging adsense income

I see one of my conpetitor is doing like that. They purchased domain names consisting their product keywords. They have 5 single seperate pages. Each page descripe all about such product. All pages link to each others under the same ip hosting. Is it good for SEO ? And why are they doing like that ?

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