There are two services that you’ll need for a working web site - a domain name and a website hosting plan for it. If you type the domain address in your Internet browser, you see the content that’s uploaded in the hosting account, but if that Internet domain is not linked to such an account or to an email service, it's parked. Put simply, the domain address is registered and you are its owner, but it does not have any content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” page 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 ensure that no one else is going to take it. At the same time, it will not take a slot for a hosted domain name within your account. You could also park domain names if you have a .com, for example, and you register domain names with other extensions like .net, .org or country-code ones to direct them to the main site in order to protect a brand name.