Whether one is looking to sell their own products or even services on the internet or they want to create an affiliate site, they will need a place where they can put their web pages. One needs some space on the internet that belongs only to them. And this space is obtained by buying an internet hosting service.
Web hosting companies own servers where they host websites. When you sign a contract with a web hosting company, you pay them a specific amount of money each month for the service that allows you to host a website with a totally unique domain name, get the necessary technical support from the web host whenever you need it, and support a specific volume of bandwidth every month. A web host can offer you great deals in which you can get several domains at the same price.
However, the main problem with web hosting is that it's often expensive. Not every company may afford to have their own dedicated server for their domains. In fact, it is a luxury many companies cannot afford to have. Thankfully, there are many companies that offer inexpensive $1 web hosting services, allowing you to host several domains for that small amount of money per month. You don't have to spend a fortune on web hosting as there are many $1 cheap web hosting offers available from various companies.
However, there are a few problems with cheap web hosting. One of them is that you get to share a server. While this is not to mean that people can interfere with the smooth running of your site, it means that since you are sharing one server with other people, it tends to slow down your website. However, inexpensive web hosting may be a wonderful initial option especially for young, small and growing companies.