Keep getting asked "Where can I build a site on the internet" preferably for free or low cost

OK so here are some links to templated DIY site building websites:
Google Sites
Wix Website Builder
Squarespace

So to get started on the Internets for eCommerce what do you need?

• Commitment to spend money to get the result you want
• Domain Name - a few dollars to 40$ for 2 years. e.g. this websites Domain Name is jamesmcdonald.id.au
• A reliable Domain Name Server to Host the Domain Name - This can be a part of the webhosting package or another provider (dyndns.com) - $20 - $40 per year
• Depending on the complexity of your site. You need to decide on whether you need a Content Management System (CMS) or just plain old HTML and Templates (e.g. Joomla, WordPress) (Free to 150$ per month)
• If you have the need of highly customized site and you can't do graphic design or PHP/HTML/Javascript coding then retaining Web Developer will be needed ($500-$10,000)
• A Web Server. Somewhere to put the files that make up your website. Depending on how much help you need you can spend as little as $3.95 to $10.00 (justhost.com, dreamhost.com) per month or as much as $150 (full dynamic scaling on a clustered cloud environment with support from real people)
• For eCommerce a payment gateway provider - e.g. Paypal or Bank eCommerce Gateway (percentage of each transaction to several thousand dollars + merchant fees)
• Email - either a free email address (hotmail.com, gmail.com) or one the same as your domain e.g. james at james mcdonald dot id dot au )
• Email Mailbox & Server to send and receive your emails
• A fax / phone number so people can contact you
• On going technical resource to perform backups, edits and upgrades
• Reliable backup and restore capability