There are two separate services that you’ll need for a working web site - a domain name and a website hosting plan for it. Any time you type the domain name in your web browser, you see the content that’s uploaded inside the website hosting account, but if that domain isn't linked to such an account or to an email service, it's parked. Put simply, the domain name is registered and you're its owner, but it lacks 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 forwarded to some other URL of your choice. The main advantage of parking a domain is that you can keep it and ensure that nobody else will take it. In the meantime, it's not going to occupy a slot for a hosted Internet domain inside your account. In addition, you can park domain names if you have a .com, for instance, and you register domain addresses 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.