The moment this kind of rack earns its keep is right after you walk in with wet boots, a bag of groceries, and mail you haven't opened, and everything has a spot before you've even taken your coat off. No pile on the floor, no searching for the one hook that isn't already holding three scarves and a tote bag you forgot to return. That's the whole point of pairing hooks with actual storage underneath or alongside, you're not just hanging things, you're catching them.
Getting the size right matters more than people think. Measure the wall space you actually have clear, not the wall space you wish you had once you move the console table six inches. Give yourself at least two feet of width for one person's coat, bag and umbrella to coexist without a daily turf war, and go wider if more than one person uses it. Depth matters too, a rack with a bench or cubbies that sticks out sixteen inches in a narrow hallway is going to get walked into at least once a week, I promise you. The mistake I see most is buying based on how good it looks in a big empty showroom, where of course a nine foot console with baskets looks reasonable, and then getting it home to a hallway that's barely four feet across. Where these fall down is in genuinely tight entries or rentals with shallow closets already built in, you end up with two storage systems fighting for the same eight square feet, and that's worse than one good one. They're also not the answer if what you actually need is somewhere to sit and put shoes on, that's a different piece of furniture, don't make the rack pretend to be a bench if it wasn't built as one.
Finish wise, I'd steer toward a warm wood tone or a matte black over anything glossy white, because glossy white in an entryway shows every bag scuff and umbrella drip within a month. A year in, mine still looks fine, it's taken wet dog, dropped keys scratching the shelf edge, and one move where it got strapped into a truck sideways and came out without a dent. These suit mudrooms, apartment entries, and any home where the front door opens straight into daily life rather than a grand foyer, and they're especially good going into fall and winter when coats and bags multiply fast. Next to it, I'd put a low tray or a small bowl for keys, because even the best rack needs somewhere for the stuff that refuses to be hung.