I use affiliate marketing daily, and it has paid off for me big time. It is proven by many to be one of the easiest and sure-fire ways to make money online.
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To find a product that you know something about. If you do not know much about blogs, you can read more about them.
The domain name and web hosting. You can buy these things from a web hosting company. The best thing is that you can get free hosting if you have a small budget. I recommend one with affordable monthly plans so that you can start making money as soon as possible.
It is time to write articles and promote your blog. All you need is to find a product you would recommend to someone else and use that product for advertising on your blog.
This sounds too easy. And it is, but it is not easy without some knowledge. So if you are new to blogs, I recommend starting with a product you have used or know a lot about. That way, you will know what questions to ask and what to look for. Also, you will be able to track your results much more comfortable.
As you promote the product, make sure you mention the link to the blog at the end. People who come to your blog from your sales page will be more likely to click on the link than one from an unknown source. Then all you have to do is keep promoting, and the traffic should start pouring in.
On the Internet, Blogger will probably be your best option. This site has a nice setup, and they let you add many other affiliate products to it. They also allow you to track everything you do and have a great support system for troubled people. With the tracking and statistics, you can start to see how well you are doing.
Internet is to use what others have already done. Instead of trying to reinvent the wheel, why not just use what others have been doing? Spend a few hours looking at what other people are writing about. That way, you will be able to take the ideas and concepts and make them your own.