I'll just place the link with a good explanation of it from eHow
Example:
I did this for a website of a friend: questionity.com, and the value in dnScoop was about $68k while Google (just for the fun of the comparison) was more than $2B... Actually, it varies and when I clicked again (for Questionity) it was now $34k... I guess it depends on the stats at the time...
TrafficEstimate gives me about 340k visits on the last 30 days.
Alexa ranks it as the 1700 site in Spain, by traffic.
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