Hosted ecommerce platforms provide a complete package where the hosting, security, and maintenance are managed by the service provider. This allows business owners to focus on running their store without worrying about technical aspects. On the other hand, self-hosted platforms like WooCommerce and Magento require you to manage your own hosting, security, and updates. While self-hosted platforms offer greater customization and control, they also demand more technical expertise and resources to maintain. The choice between hosted and self-hosted platforms depends on your technical capabilities, budget, and the level of control you desire.