 Re: Need help to increase the page rank of website!!!
For PR - improve on your content and when other sites link to it organically, you get more PR juice. Build more (dofollow) backlinks as well from directories, blogs, forums, social boomarking sites, etc.
For Traffic - keep your link building as targeted as possible and work on your SERP ranking as this is where your traffic would also come from. Link building is a key factor here. The more targeted backlinks, the more chances they will bring you direct targeted traffic overtime. | 
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