There are 2 services you'll need for a working site - a domain name plus a hosting plan for it. When you type the domain in your browser, you see the content that’s uploaded in the web hosting account, but if that Internet domain isn't linked to such an account or to an email service, it is parked. Put simply, the Internet domain is registered and you are its owner, but it does not have any content of its own. Rather, it can open either a pre-made “Under Construction / For Sale” webpage from the registrar company, or it could be forwarded to any other URL of your choice. The main benefit of parking a domain address is that you can keep it and ensure that nobody else will take it. Meanwhile, 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 forward them to the main web site as a way to protect a brand name.