There are 2 services that you’ll need for a working web site - a domain and a website hosting plan for it. Any time you type the domain address in your browser, you see the content that’s uploaded inside the hosting account, but if that Internet domain is not linked to such an account or to an email service, it is parked. Put simply, the domain address is registered and you are 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 could be directed to any other URL of your choice. The main advantage of parking a domain is that you can keep it and be sure that no one else will take it. In the meantime, it won't block a slot for a hosted domain address within your account. You can 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 website in order to protect a brand name.