0 Shared (Virtual) Hosting

This is definitely one of the cheapest from of web hosting. 

Why is it Cheap? It is run in a certain way that makes sit possible for different clients to share the same server, hence the name, Shared Hosting.

With Shared hosting your website is hosted on a server that is shared by other customers, hosting company will be the one to manage and monitor the server providing what it takes to make sure all is up and running always.

All you have to do is to sign up with the web host; they handle the customer support and maintenance of the server.

Shared Hosting is affordable but you must be sure that the hosting package you web hosting company is providing you actually supports what you need, scripting languages, applications, control panel etc. 

This is why before going for shared hosting you need consider another type of hosting, dedicated web hosting.

With shared hosting, your web site gets its own domain name, and is hosted on a powerful server along with maybe 100 other web sites.

Shared solutions often offer multiple software solutions like e-mail, database, and different editing options. Technical support tends to be good.

Good:	Bad:
Low cost. Cost is shared with others.	Reduced security due to many sites on one server.
Good for small business and average traffic.	Restrictions on traffic volume.
Multiple software options.	Restricted database support.
Own domain name.	Restricted software support.
Good support