Question:

Answer by Web Hosting Ratings:

Shared (or virtual) web hosting is the most fitting way of hosting for 99% of web sites.  It means that a web hosting company will have one or more servers (computers constantly connected to the Internet that run a web server software such as Apache or IIS) that will be running multiple web sites (it will be shared).  Unless a web site is exceptionally busy or requires a lot of bandwidth, this is the least expensive way to go to get a real web site.  You can still have your own IP address with virtual hosting and the site won't look any different to users.  Other options are dedicated, co-location, or doing it yourself web hosting.  In those options you have the whole computer to yourself and you can do things like install your own software.