Linkbuilding Techiniques

Upon doing SEO link building is necessary to do. There are lots of techniques in building link of ones website.
Blog commenting
Forum posting
Social Bokkmarking
Directory submission
Article submission
Press release
Squidoo
These are only some and basic techniques.Kindly add some more new.

If you’ve been online for any length of time, chances are you already know you need inbound links if you want your website to be noticed by the search engines.
Some search engine specialists don’t even recommend submitting your sites manually anymore - just get links, links, and more links.
But, wait. Before you run out to the link farm nearest you, there is more to it.
The key is to get high quality inbound links. One-way links from well established sites should be your ultimate link building goal.
After setting that goal, you may realize achieving it is easier said than done. It requires effort. Often, creative effort

Twitter, facebook and other social networks too used for SEO nowadays....
Even I am getting some valuable traffic via twitter...

Link building is a technique applied in seo to get your website higher up the in search engines.carefully select your keyword and target your strategy around this keywords.do directory submission,blog commenting,forum posting.
social bookmarking is quickest way to generate traffic ,social media interaction also do well.
Use organic seo tactics.it requires efforts and time ,but delivers needed result.....

Link Exchange is also one of the link building techniques.

While doing link exchange always remember following things:
1. Always link with relevant site i.e. site with the same category that you have
2. Don't link with banned sites or link farm sites

Thanks for the response guys. I do appreciate it in case you have new technique please do post it..^_^

Link exchange - make sure to link with related sites..
Classified ads
Social networking - engage in social networking sites like friendster, facebook, twitter and myspace..

Social networking is really good technique especially for traffic generation.

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i think the most effective way of link building and getting quality traffic as well is forum participation.. Participate in forums that are closely related to your site and post quality and interesting topic that can the get attention of the other forum members as well guest..