There are two separate services that you need for a functioning website - a domain plus a web hosting plan for it. Whenever you type the domain in your web browser, you see the content that’s uploaded inside the website hosting account, but if that Internet 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 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” page from the registrar company, or it may be directed to any other URL of your choice. The main benefit of parking a domain address is that you can keep it and make certain that nobody else is going to take it. Meanwhile, it won't take a slot for a hosted domain name in your account. You may also park domains if you have a .com, for instance, and you register domains with other extensions like .net, .org or country-code ones to forward them to the main website so as to protect a brand name.