The key differences are, the Basic only lets you host one website whereas the other two give you unlimited site hosting. You're also capped at just 50 gigs of web space with the Basic plan, but with all three packages, the web space is unmetered. The amount of traffic you bring in is unlimited with BlueHost, but you get $200 in marketing offers if you sign up for Plus or Prime to spend on Google or Bing services.
There are also various types of web hosting services to consider. Shared web hosting accommodates multiple websites on a single server, making it the cheapest option but also the riskiest because a highly popular site on the same server could affect your resources. Dedicated web hosting is the complete opposite of shared web hosting, as you are given an entire server for your operations. Virtual private server (VPS) hosting is highly similar to shard web hosting, as multiple websites occupy a single server, but it’s more stable as each website is provided their own computing resources. There are many more hosting types, and it’s up to you which one to choose whether, you want the cream of the crop dedicated hosting or shared hosting.
The first step in building your online presence is finding a web host, the company that will store your website's files on its servers and deliver them to your readers' and customers' browsers. Web hosting services offer varying amounts of monthly data transfers, storage, email, and other features. Even how you pay (month-to-month payments vs. annual payments) can be radically different, too, so taking the time to plot exactly what your company needs for online success is essential. Many of these companies also offer reseller hosting services, which let you go into business for yourself, offering hosting to your own customers without requiring you to spin up your own servers.