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Friends , tell me that how effective link wheel is to increase keyword ranking? Tell me how can I do link wheel properly?

For doing effective Link wheel,
1. Traffic to their website
2. To make money.
3. Brand their product or services
for more details please go through this link:
http://link-wheels.hubpages.com/hub/LINK...RK-FOR-YOU

Unlike the traditional back link or reciprocal links from other sites, a link wheel is a collection of web 2.0 sites that you create.
Link wheels can range in size from a small handful to several dozen, and each site has relevant content to either your main website or blog, or to a specific page you’re trying to promote within your main site.

Link wheel is basically generate by putting link in the high pr website so you have to make cycle of link from one site to another site.This process will determine strong backlink of the site will help you good ranking in the search engine.

Link wheels are nothing but a group of websites that are interconnected which try to improve the ranking of a target website by linking to target website. For example if you have 50 websites in your link wheel and the website you are targeting is "yourdomain.com".
a. Ezine articles
b. Hub Pages
c. Squidoo Lens
d. Blogger.com
e. Wordpress.org
f. Beep.com
g. Webnode.com
h. Weebly.com

Your link wheel sites should have high PRs, Do Follow and of course a good site.