There are a number of ways to redirect traffic from one domain/website to another. The so-called URL redirection is oftentimes favored. In contrast to parking a domain name, a URL redirection is feasible only if the domain name in question is hosted. What this means basically is that you can still open any content if you have a direct link to it and you may 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, you may forward the traffic, but the emails with the old one shall still be active whenever you are communicating with customers or partners. When you have two very similar websites and you need to rebuild one of them, you could forward the visitors to the other Internet site in order to prevent losing potential customers, while you will still be able to access the admin area for the first site and work on it.