Why is link building important?
It will create a good authority for your website. plus you have some of the links on the reputed sites that most probably cache by the Google web crawlers, again help you rank for some specific keywords in the SERP.
Link building is the process of getting other websites to link back to your website. Google's algorithms are complex and always evolving, but backlinks remain an important factor in how every search engine determines which sites rank for which keywords.
Even benefit of backlinks effects....also link building help to generate referral traffic on website. for link bulding your put your website on many others website, when another users would get moved there, they found your link and they come to your website.
it helps in ranking your website
Basically promoting your website through other websites. Web sites with quality backlinks tend to earn higher rankings.
Link building is a strategy that that gets web pages to link to each other by acquiring hyperlinks from other websites and apply them to your own site. It helps users navigate between different pages on the Internet. They also help search engines crawl between the pages on your website.