There are 2 services you'll need for a functioning site - a domain name plus a web hosting plan for it. If you type the domain address in your Internet browser, you see the content that’s uploaded within the hosting account, but if that 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 lacks content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” Internet page from the registrar company, or it could be directed to any other URL of your choice. The main benefit of parking a domain is that you can keep it and make sure that no one else will take it. In the meantime, it won't occupy a slot for a hosted Internet domain within your account. In addition, you can park domain names if you have a .com, for example, and you register domains with other extensions such as .net, .org or country-code ones to forward them to the main site in order to protect a brand name.