Good day!
After watching a video I was able to summarize the steps I needed as such:
Steps in configuring and deploying to IIS ASP.NET 1. Create directory
example:
C:/inetpub/wwwroot/mvcauction
- Open internet information services Manager
 - Right-click default website
 - Add application.
 - Choose website name. example mvcauction
 - Paste the directory you created in step 1.
 - Click select button.
 - Make sure that the property has .net framework version 4.0
 Click ok.
Go to your visual studio IDE.
- Righ-click on the project file in the solution explorer.
 - CLick publish
 - Click publish profile drop down and select new. Add a profile name. Example: Local IIS Website
 - Choose publish method File System
 - Use step one's directory for the Target location
 - configuarion: Release
 Choose local IIS Website.
Expect an error.
- Open visual studio command prompt.
 - Execute this command: sqllocaldb share v11.0 IIS_DB
 - Update your web config. Refer to the paint screenshot.
 - Publish again in iis manager.
 
if not yet ok:
- Go to visual studio again.
 - Open data base explorer.
 - Right-Click to data connections to add connection.
 - For the server name: Enter the value that we are using in the config file data source. Example (LocalDB).\IIS_DB
 - Click ok
 - Righ-Click on the new connection added.'
 - Choose new query.
 - Execute the shown commands.
 - Go to the browser and refresh.
 
However I cannot finish step 21 which I conclude is because the tutorial did not use oracle database as its data source. I cannot publish my visual studio project successfully. So, please, does anyone here know what to put in the web config file?
This is my web config file:
<configuration>
<system.web>
  <compilation debug="true" strict="false" explicit="true" targetFramework="4.5" />
  <httpRuntime targetFramework="4.5"  />
</system.web>
<connectionStrings>
    <add name="OracleConnectionString" connectionString="Data Source=localhost;USER ID=userid;PASSWORD=password"
      providerName="Oracle.DataAccess.Client" />
    <add name="ConnectionString" connectionString="Provider=MSDAORA;Data Source=localhost;Password=password;User ID=userid"
      providerName="System.Data.OleDb" />
  </connectionStrings>
  <appSettings>
    <add key="ValidationSettings:UnobtrusiveValidationMode" value="None" />
  </appSettings>
</configuration>