There's two ways to attack a problem--from the front and from everywhere else.  When it comes to traffic generation, if you have the monehe y and tresources, you can launch a full frontal assault traffic generation campaign through the USUAL SUSPECTS of traffic generation:
Paid advertising
Affiliate programs
PPC search engines
Costly SEO campaigns (specially for heavily saturated keywords and search terms)
Branding campaigns
etc etc
However if you don't have money but have a lot of time and dedication, you can attack the traffic problem from the backdoor.  Also, if you HAVE money but don't like wasting it on saturated traffic generation schemes, you can also try backdoor approaches.
Continued at 
http://www.justtraffic.blogspot.com