There are 2 services that you’ll need for a working site - a domain name plus a web hosting plan for it. Each time you type the domain address in your web browser, you see the content that is uploaded within the website hosting account, but if that Internet domain isn't linked to such an account or to an e-mail service, it is parked. To put it differently, the domain address is registered and you're its owner, but it lacks content of its own. Rather, it can open either a pre-made “Under Construction / For Sale” page from the registrar company, or it could be forwarded to some other URL of your choice. The main benefit of parking a domain is that you can keep it and be sure that no one else will take it. Meanwhile, it won't block a slot for a hosted domain name within your account. In addition, you can park domain names if you have a .com, for example, and you register domain names with other extensions such as .net, .org or country-code ones to forward them to the main web site so as to protect a brand name.