Creating link wheel helps move your website up on the search engines rankings and is one of the best ways to enhance your page rank. It actually incorporates many link sources and all these are interlinked to each other's properties. The first thing that you will need to do is decide on one of the Web 2.0 blog and sign up there. You will have to sign up as well as open a new account for each of your blog.
Once your account is opened and verified, you are now ready to post an article there which is related to your niche. The articles you post on your blog must be different ones and if possible write unique articles on each of your blogs. Make use of the keywords that are for your main website and this will be used to hyperlink each of your blog and articles there to your website. Just keep in mind that in every article on each Web 2.0 you need to have at least one link that takes the visitor directly to your website. The cycle goes on and thus each are interrelated and added to each other.
Once you have linked each of them, make sure these blogs are indexed in popular search engines. Some of the people use book marking strategy while others use RSS feed aggregates to increase the number of ping backs. You have to decide depending on the factors and the type of your business as well. However, when you have started using this link wheel strategy, it will take time and only after a few weeks time you will be able to find results.
If you have a website and you have been working on it for sometime, you must have understood that you need to know few basic strategies that are going to help you succeed in this online business. You need to know about them and at the same time learn how to make use of them. Monitor the growth and development from time to time and be consistent in what you do. You can take professional help if you think so.