There are 2 services that you’ll need for a working web site - a domain plus a website hosting plan for it. Any time you type the domain in your web browser, you see the content that is uploaded in the web hosting account, but if that Internet domain is not 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 doesn't 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 could be directed to any other URL of your choice. The main benefit of parking a domain name is that you can keep it and make certain that nobody else will take it. In the meantime, it will not take a slot for a hosted domain in your account. You can 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 web site so as to protect a brand name.