There are 2 services that you’ll need for a functioning site - a domain plus a hosting plan for it. When you type the domain address in your browser, you see the content that is uploaded inside the hosting account, but if that domain name is not linked to such an account or to an email service, it is parked. In other words, 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” Internet page from the registrar company, or it could be directed to some other URL of your choice. The main advantage of parking a domain address is that you can keep it and be sure that no one else will take it. In the meantime, it will not take a slot for a hosted Internet domain in your account. You can also park domains if you have a .com, for instance, and you register domains with other extensions such as .net, .org or country-code ones to direct them to the main website as a way to protect a brand name.