It takes time to build a steady sales funnel for any web store, and is your woocommerce site is no different, unless you are coming in with a high budgeted marketing plan in place, or transitioning from an offline-only model.
Hence, the major focus is on selecting hosting that has :
– comparatively high uptimes (99%+)
– good support base
– good user ecosystem
but, lastly and most importantly,
– is price effective and has excellent value for money
That is why Shared and VPS hosting are the two best options to go for in the initial stages, it’s also easier to install wordpress and deploy a woocommerce store from them easier.
We are not looking at Dedicated Hosting, or really good cloud based solutions, namely, Amazon Web Services (AWS), Microsoft Azure, or Google Cloud, because of price sensitivity and less requirement for added sophistication. However, as mentioned above, if you expect steady high traffic from the get go, Cloud based hosting is your best option.