Anybody new to domain names is always taken aback by the term "domain name parking," sounds weird especially if you have to correlate it to parking a vehicle.
Well don't feel so left out. You're not alone! Domain name parking is a technical term used to refer to the actual transitional period that takes place from:
- The time one completes registering or buying a given domain name.
- To the time the owner actually get to do something with that particular domain name.
Now you want to know what domain name parking is, right?
What is Domain Name Parking?
According to Wikipedia
Domain parking refers to the registration of an internet domain name without that domain being associated with any services such as e-mail or a website.
This may have been done with a view to reserving the domain name for future development, and to protect against the possibility cybersquatting.
Since the domain name registrar will have set name servers for the domain, the registrar or reseller potentially has use of the domain rather than the final registrant.
In order to park a domain name, you'll need to utilize the service of a domain name parking company to minimize costs associated with domain name parking.
Following is a list of three places that I believe you're most likely to receive domain name parking service at a cheap price:
- Your domain name registrar if you already own a domain name.
- Your web host if you already have or own a website.
- Professional domain name parking services like Sedo, why park.com and more.
Domain Name Parking- 3 Reasons
So why would you want to park your domain name?
Basically there are three reasons why you should pay for domain name parking service:
- Because you want to reserve that name until you're ready to make use of it.
- For speculative purposes whereby you buy, hold the name and sell it later.
- You want to earn a passive income out of your parked domain name.
Passive Domain Name Parking Business
Most internet marketers own a whole list of domain names.
But there is something different they do. Instead of letting them sit idle, they put those internet domain names to work for them, passively generating some sought of income.
If you happen to own a few domain names. There is something smart you can do.
On the next page, I will let you know a good place that can help you start earning a passive income from your parked domain name. Want to know where to park your domain names and earn extra cash? Read my comprehensive why park .com review here.