Domain parking is very good option to reserve your domain for future use or resell. When you register your domain and do not enter any nameserver of your web hosting company, your registrar will set their default nameserver on your domain and your domain will be parked on their server. Don’t worry its absolutely free. (Remember: domain parking is not a hosting).
When you open your parked domain in browser, it contains one simple page which ever your registrar has set. Suppose your registered domain is neither parked nor hosted anywhere, then if you will try to access your domain from broweser you will get “page not found” error.
Some companies provides free domain parking service and pays you for every clicks on parked page advertisements generated by natural traffic of your domain. This companies even helds domain auction where you can even sell your domain for some good money. So domain parking can be revenue generating for you with no extra efforts.
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