Finding deals on web hosting has been around as long as the internet where prices used to be in the hundreds if not thousands a month to now down to just a few dollars. As the technology and costs of web hosting change it will get even cheaper for more bandwidth and disk space. The internet of course gets faster all the time and larger so most websites will also be using more bandwidth especially if you start getting sudden bursts of traffic pouring in. Getting a great deal on web hosting is simple as there are a few main companies and you can compare them easily.
Stay away from many one or two man shops because if you hosting goes down on a Saturday night at midnight you won't be getting anything up until Monday, which for people making money online can be the difference between paying or not paying the bills.
There are a few others but the three websites that I have always found cheap hosting on that were reliable are GoDaddy, HostGator, and NameCheap. I have personally used all three of them and been very happy with the outcome as well as the price I paid.
To be honest neither of these companies with the exception of maybe GoDaddy are places where you would want to host a large website but they are the leaders in shared hosting which is what you want if you are trying to get a good deal anyways. Most of their packages are similar so you can pull all three up on your browser and look at the bandwidth (most of the time unlimited), disk space, as well as what specs the servers have they are hosting it on. Once you compare all of that then simply look at the price and what other perks you may be getting. Once you have done this then its as simple as that you are off to getting good web hosting for a great price. To get great deals when choosing your web host also look into longer deals such as buying hosting for a whole year which will save you money but also help with budgeting.
Overall saving money on web hosting is fairly simple as long as you know the main things to look for.
On smaller websites to this day I still use shared hosting from one of the three and you should to. To save even more check out the HostGator Black Friday section and our websites Black Friday section but also don't forgot to grab a Godaddy coupon to make you choice of cheap web hosts even easier.