There are 2 services that you’ll need for a functioning web site - a domain name and a website hosting plan for it. Each time you type the Internet domain in your Internet browser, you see the content that is uploaded within the web hosting account, but if that domain address is not linked to such an account or to an e-mail service, it's parked. To put it differently, the Internet domain is registered and you are its owner, but it does not have any content of its own. As a substitute, it can open either a pre-made “Under Construction / For Sale” webpage 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 nobody else will take it. At the same time, it won't occupy a slot for a hosted domain in your account. In addition, you can park domains if you have a .com, for instance, and you register domain addresses with other extensions like .net, .org or country-code ones to direct them to the main web site as a way to protect a brand name.