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"Spend time developing your domain"?

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"Spend time developing your domain"?

what does that mean?

Say I registered a website. I decide to develop it.

Does that mean, I should make an ACTUAL website?
 
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Yes.

You register a domain name, and then develop a website on it.
 
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yes, "developing" means making an actual site on the domain, not just parking it.
 
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