There are 2 services that you’ll need for a functioning web site - a domain name plus a hosting plan for it. Each time you type the domain name in your Internet browser, you see the content that’s uploaded inside the website hosting account, but if that domain name isn't linked to such an account or to an email service, it's parked. To put it differently, the domain name is registered and you're its owner, but it does not have any content of its own. Instead, it can open either a pre-made “Under Construction / For Sale” webpage from the registrar company, or it may be forwarded to some other URL of your choice. The main advantage of parking a domain is that you can keep it and make certain that no one else will take it. At the same time, it will not occupy a slot for a hosted domain in your account. You may also park domains if you have a .com, for instance, and you register domains with other extensions such as .net, .org or country-code ones to forward them to the main web site as a way to protect a brand name.
