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please guide me how to increase traffice on my website so that i could get more clicks on the advertizments being put up on the website

you should build more backlinks for your site....if you are using wordpress, choose a high CTR theme

do some social bookmarking and article submission and you will see traffic and hence income increase.

Optimize your website through search engine optimization and do on-page optimization also.

For people to appreciate you, you need to build something so useful that you are able to hold onto whatever traffic you recieve. So first make your site so useful that those once visit you come back to you for more.

Remember behind every successful site there is some useful content.!

Hilton has pretty much summed it up. If you want people to visit then you need to have relevant content for them

Hilton has pretty much summed it up. If you want people to visit then you need to have relevant content for them