There is more to domain names than websites. That said, there are many ways to use your domain. A few common ones to get the most out of your domain are as follows:
Create your website or blog using the domain.
The best use of a domain after registering it is by using it as your website or blog address. It is, to date, the number one use for a domain, opening more options and choices on what you can do with your domain.
Create custom email addresses.
The second most common use is to host custom email addresses. A professional email address advertises your website, making your contact information more credible and easy to remember and brand.
Link the domain to a third-party application such as Blogger or Shopify.
Connect your domain to your blog or Shopify store. For example, say you are running an eCommerce business, connecting your domain points your URL to your Shopify store, allowing customers to visit by entering the URL into their web browser.
Redirect your domain to your social platforms or another website.
Domain Forwarding, also known as URL redirecting, allows you to redirect your domain name to your social media profiles (e.g., Facebook, LinkedIn) or another website.
Sell your domain name.
There is a massive demand for good brandable custom domain names. That said, someone somewhere might be willing to pay for the domain name that you have purchased.