It may seem that you can save a lot by picking up shared hosting service for your website. But it is not true, if your website is growing and getting a lot of traffic. The greatest demerit of shared hosting is that it cannot withstand the booming traffic and will not work for you anymore as it use to suspend accounts with such load anytime. Even though you were using it during the initial stage of your online business, it is a must that you switch the hosting service with the changing statistics of your visitors.