Requirements
 
Here is what you need to get started...
Amazon Associate ID
It is free to join the Amazon Associate Program. Register at the appropriate locale:

Amazon.com  (United States)
Amazon.co.uk  (United Kingdom)
Amazon.in  (India)
Amazon.ca  (Canada)
Amazon.de  (Germany)
Amazon.cn  (China)
Amazon.fr  (France)

Amazon.it  (Italy)
Amazon.es  (Spain)
Amazon.co.jp  (Japan)

 
Amazon Access IDs   (see instructions here)
Domain Name   (we use GoDaddy, there are many other domain registrars)
Web Host   (we use WestHost, there are many other web hosting companies)
     Operating System: Linux, Unix or Windows
     Web Server: Apache (or comparable)
     PHP 4 or PHP 5
Absolutely NO programming or database required
   
If you need more detailed explanations on any of the above requirements, please see these excellent blog articles (courtesy of mcarp555)
AOM Talk Blog :: The REAL Requirements, pt. I
AOM Talk Blog :: The REAL Requirements, pt. II


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