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Are they unique visitors, what's concurrent visitors? How many products are you selling? Are you using a Control Panel such as cPanel too?
Ultimately it all comes down to how well optimised your website and server are and what exactly you're running and expecting it to handle. If you're also running random sales which might see a spike in visitors for example you need to consider that as well, extra legroom for growth.
Whats your budget, and what location would you be looking for?
Do you know how to manage and optimize your webserver yourself?
if you know that then get yourself a big (4G - 8G of RAM) low-end VPS from providers known here. some providers offer free directadmin (so that a good start).
If you don't know then I recommend skipping the low-end world and find a managed VPS provider who is willing to optimize your website while you focus on doing business.