What Type of Hosting is better for Ecommerce Websites??

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Hey can anyone tell what Type of Hosting is Better For any Ecommerce Websites. According to me there are are lot of Hosting Providers which provide Ecommerce Hosting like Wordpress,BigCommerce,Go daady,etc but which will be better for any Ecommerce Website. When researching on this better many People told that it depends on Traffic and my websites needs like RAM,Storage etc. Can you People give Thoughts on this Matter according to Your Knowledge