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