Backup of website by taking backups of all content

While taking a backup of full website needs either use of additional plugin or doing a set of steps, an easier way could be in my opinion to go to Tools | Export | All content. Then save it on your device/Google Drive.

For WooCommerce products, there are plugins. So all the blog posts and products can be copied and saved this way. In case it is needed to restore the website, I believe importing the saved files (one XML for all content, and another for WooCommerce) should be sufficient to ensure at least all blog posts, pages, and products are restored.

Am I missing something?