There are two separate services that you’ll need for a functioning website - a domain plus a hosting plan for it. If you type the domain in your Internet browser, you see the content that’s uploaded inside the web hosting account, but if that Internet domain is not linked to such an account or to an e-mail service, it's parked. Put simply, 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 can be forwarded to some 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 will take it. In the meantime, it's not going to occupy a slot for a hosted domain name within your account. You may also park domain names if you have a .com, for example, and you register domain addresses with other extensions like .net, .org or country-code ones to direct them to the main web site in order to protect a brand name.