I'm not suprised that you are interested in making money online with no website. Making website is a really difficult task if you are just starting out. Having to worry about hosting, buying a domain and the actual building of the website. No need to fear, because you can make good money without a website.
The how is through google adwords and also through article marketing. It is quite simple through google adwords. Just place your affiliate link in the destination part of your adcopy. You do need to be careful however since if another advertiser is advertising the same site under the same keyword, you have to bid higher in order to have your ad shown over theirs.
A way around this is to build a squidoo or hub page and take some content such as the features of the product from the landing page and put it on your squidoo or hub page. Then put the url of this page as your destination url in your adcopy. This way you'll be paying less to get impressions and clicks. Plus if you write your landing page well you can increase your sales if the merchant page doesn't have the best saleletter.
An alternative way to making money online with website is through article marketing. Just find out what a problem people are having. For example, people that want 6-pack abs, for example. Write an article telling them how they can get 6-pack abs, how it is more about the amount of fat on the stomach than so much the strength of their rectus abdominus. Then link them to a product that will help them further.
This link will have your affiliate link in it. This is another way of making money online with no website. You need to be using article directories that allow direct affiliate links to do it like this. Article alley and go articles are good ones. But if you want to use the big one....ezine articles, then you'll need to build a squidoo page or hub page just as before.
A good plan is to build a squidoo page and link to it from your article marketing and your pay-per-click campaigns. This will give your affiliate links the greatest exposure possible, which will lead to more sales, which equals you making money online with no website.
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