There are 2 services that you’ll need for a working site - a domain name plus a web hosting plan for it. Whenever you type the Internet domain in your browser, you see the content that is uploaded in the hosting account, but if that domain name isn't linked to such an account or to an e-mail service, it's parked. To put it differently, the domain name is registered and you're its owner, but it doesn't have any 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 can 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 will take it. At the same time, it will not block a slot for a hosted Internet domain inside your account. You may also park domains if you have a .com, for example, and you register domain names with other extensions like .net, .org or country-code ones to direct them to the main website as a way to protect a brand name.