Domain names are being snapped up all the time so if you have thought of a cool domain name for a future project then it might be wise to register it now. There is a chance that if you leave it too late someone else may register it. While your planning your site you can park the domain name.
Domain parking is a process where you register a domain and do not enter the domain name servers of your hosting company. Usually the domain registrar will park your domain by default on their server, this means that if you type your domain name into a web browser you will arrive at a default page provided by the registrar.
If you are going to hold onto the domain for a while or not develop a site straight away then you may want to consider a domain parking service that offers you revenue from your parked domain. Domain parking services such as Traffic parking and Sedo offer revenue sharing from your parked domain. However the issue is that with sites like Sedo, there is not much revenue sharing and you will be getting very low amounts from them.
What you need is a more robust way to making money from these parked domains - carried out in the next post!
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