Vinyl plank flooring resembles real hardwood flooring and comes in a variety of colors and textures. Like real wood, it also comes in strips. The backs of many vinyl planks are with felt material. Although vinyl planks appear like hardwood, they are easier to stand on over long periods of time. Objects are also less likely to break on vinyl flooring versus hardwood. The biggest advantage to vinyl planks is that it's waterproof. It's suitable for wet locations such as bathrooms and basements.