WooCommerce is a plugin, not a hosted service. That single fact explains most of its advantages and all of its risks. You keep the database, the code and the customer relationship, you pay no percentage of revenue to the platform, and you can change any behaviour in the cart, the pricing engine or the order lifecycle because none of it is behind a vendor boundary. In exchange you take on hosting, updates, the security of every plugin you install, and the discipline to keep the stack from sprawling.
That trade suits SMB and mid-market retailers, direct-to-consumer brands and content-led commerce particularly well, because the same CMS that runs the catalogue also runs the editorial programme around it. It suits teams who need one unusual commercial rule that a hosted platform will not bend for. It suits companies replatforming away from per-order fees. Where it fits less naturally is deep native B2B, and we say so rather than sell a build we would have to fight — that requirement usually points at Magento and Adobe Commerce development instead.
If you have not settled on a platform yet, our ecommerce development company page covers platform-agnostic commerce builds and the selection criteria behind them.