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If your site is an informational site, you might need a hosting with bigger storage and band with. Nowadays hosting is not expensive. A good unlimited reseller account should cost you $30 or less.
And God said unto him, I am God be fruitful and multiply; a nation and a company of nations shall be of thee, and kings shall come out of thy loins;
You don't need a large space for your store. Usually 50mb is enough. Most hosting now will support php. You can use some shopping cart written in php. Usually such hosting will cost less than $10/mo.
A good place to check the market is keyword suggestion tool. The most popular one is the overture suggestion tool. You type in a word and it will tell you how many searches of the word in the last month on overture. Since overture covers most popular search engines like yahoo, msn, altvista and so on, it will give you a good idea that how good the online market is for the keyword. A good market should have at least 1000 search for the keyword you typed in.
The next step is check how the intense of the competition. To do that, you can search the keyword on google. A good keyword should come up with less than 1000,000 results. If the result is too much, that means the keyword is too competitive and it's hard to compete with so many good sites already there.
After you find some good keywords, you need to determine the products you like to sell. For the beginners, you might select one product to start. After you master the process of online stores, you can go for more products.
Another good thing to have it sells on online auctions is that you have another option to sell your product. Many people actually make their living as a seller on ebay. So if your product sells, you don't necessarily need set up an online store. You can actually just sell it on ebay.
