Similar to the hardware used in a computer, web-hosting companies also use physical resources. The ability of the hosting is based on the memory, hard disk space and the CPU processing power. There are web hosting services available at all price ranges and it is upto you to choose the right one. Comparatively best web hosting for wordpress is on the lead right now. There are also other hosting sites like http://tumblr.com/
When you buy a website hosting package it means you are creating some space in the web hosting server. Servers are used to host website which can be reached from any place. It is like the space allotted in the hard drive but the only difference is that since the server is on web the files belonging to the website can be reached from anywhere.
Shared Hosting is nothing but sharing the hardware and the server with numerous websites. Many people prefer shared hosting as it is cheap initially when you begin a site ad when you don’t have any revenue in hand. Many shared hosting will start at $3.5 per month and few are even lesser than that.
Many sites make use of shared hosting and if you approach bigger hosting companies then you are likely to have a good customer service. Further many companies offer user-friendly dashboards.
You may start your business and start the hosting service on a smaller scale and as your business grows you can migrate the traffic to a larger scale with the help of shared hosting service.
With shared hosting you can’t expect a full fledged revenue which generates more traffic but it is always a good starting point. When you invest too much on hosting then you may even end up in shutting down your site so it is always better to start from shared hosting.
In simple terms a month of individual hosting will be equivalent to 6 months of shared hosting platform. If you are sure you can generate more income then you can straight away skip the plans of shared hosting.
If you have started blogging for the first time then you can’t spend a whole lot of money in hosting plans as you would not have much idea on the traffic in such scenarios shared hosting helps. The only thing to have in mind is that as the traffic grows you should see to that the hardware is supported accordingly. Some examples of shared hosting are SiteGround, BlueHost, InMotion Hosting,Site5.
It is better to look for other features like price of domain registration, will the site be scanned for virus, any backup services, hardware, sites that come under one server. These will help you take a better decision.
There are few hosting plans available in which the price increases as the traffic to the site increases which is better as you don’t have a threshold limit for usage. Once you reach a level in revenue then you can upgrade yourself to better hosting plans and servers dedicated for you.