This really is not a very detailed guide but does cover the basic steps of a good money making sales funnely method. Once honed you can just wash and repeat.
Find a niche product/market
Go to clickbank and look at the various categories. You can make money with internet marketing products however I personally think for a new person it is harder. There are lots of other niches that are hot such as health, fitness, relationships etc. Choose a product that does not have a too high a gravity as this suggests too much competition. At least 50% commission. Make sure the site looks professional and does not leak. For me personally it is important that the has quality affiliate tools like an autoresponder series and giveaway reports (I use these to quickly create an offer ... read on).
Do some keyword research around the product. Nowdays a quick way is to put the domain of the site you are trying to promote into the Google KW tool. Sort by global monthly visitiors high to low. Take the highest result keywords and put them into a Google search. Select "More Search tools" from the column on the left hand side of Google then select 'Wonder Wheel'. You will get a number of great results here, select some and then check and refine using the Google KW tool ... you are looking for low competition, high search volumes.
Create a Landing Page
Buy a domain name using your best Keyword. If you can get an exact match i.e. yourkeyword.com then do it, otherwise add a relevant word to the end such 'review', 'guide' etc. Then build a simple landing page site. I use XsitePro but know many more people use Wordpress. You will also need to get an autoresponder account. What you are going to do is create an offer such as a free report or video in exhcange for visitors emails and names i.e. you are going to build a list.
Setting Up Your Offer
If the product you are opting to promote has a rebrandable eBook then you have a ready made offer. Otherwise create a short report that presells the product you are promoting.
If you cannot do this outsource either on this forum or using a site such as elance.
Create Your Autoresponder Series
Again many of the better products offer these nowdays. You could even ask the product owner for a series of emails, otherwise write your own or outsource.
To be honest this is where a lot of people fall down and give up
No Traffic = No Sales ... however ... Know Traffic = Sales
Anyone who know me will know that I am really into article marketing and see it as a really clever way of getting traffic which is free and long term. Seriously if you get to know how to do it you can get a steady long term stream of free targetted traffic. Build short punchy articles around your keywords.
You can also create Hubpages, Lenses, Facebook Groups, Twitter, forum posting and a bunch of other free methods to get traffic.
There are paid methods like PPC and PPV but have to be honest and say I do not do any of these.
REALITY CHECK - LEARN HOW TO GET TRAFFIC OTHERWISE YOU WILL FAIL!
There you have a $100 dollar a day formula. If you are new I suggest you research each step on this forum and really get to know how to do it before you launch out.
Listen this is going to take some HARD WORK on your part so focuss and get a work ethic if you do not already have one.
All the best hope and I really hope you start to make some big dough