There are a number of ways to redirect traffic from one domain/website to another. The so-called URL redirection is frequently recommended. In contrast to parking a domain name, a URL redirection is feasible only if the domain name in question is hosted. What this means essentially is that you could still open any content if you have a direct link to it and you could set up e mail addresses or subdomains and use them. This sort of function has many practical uses - if you decide to switch your domain name, you can redirect the site visitors, but the e-mail messages with the old one shall still be active in the event that you are getting in touch with customers or partners. In case you have two very similar websites and you would like to rebuild one of them, you could forward the traffic to the other site so that you can prevent losing potential customers, while you shall still be able to access the admin area for the first website and improve it.