Hey Twig,
Sure, the best thing I can say here, is keep SEO in the back of your mind, and think more like a Marketer. As a marketer you know your area / niche.
When you start creating new pages, new blogs, submit new articles copy the URL's. Save them to note pad or a spreadsheet. It's what I do to keep track of the 10's of thousands of urls I submit. Some of the places that I submit to have a pattern of what their links will look like once you submit an article so it's not always necessary to go back and check for the link to copy from the address bar. While others do need you to go back, and in some cases you're notified when the article has been approved, etc.
Any ways, if it's a blog roll where you can place links on a blog, sure, a two / three worded keyword phrase would be suffice, but to use the same keyword phrases on every is not generally a natural method. Actually you can do this within your articles too, not just to other websites, but on your own and create articles around that keyword phrase that link up to that article on your website. Which I refer to as "Semantically Related Vector Theme Structuring" as mentioned on my
SEO Revolution Blog during the Drive Traffic To Your Website Series, which coincidentally needs to be resumed at some point when I'm feeling better.
Ok... Let's suppose you had an "Internet Marketing" site and you created load of articles around that niche, and blogs, hubpages, etc, we could not only hyperlink "Internet Marketing" keyword phrase to our blog roll, but we can also hyperlink "
Internet Marketing Online", "
Marketing Online", "
Online Marketing", "
Tips About Internet Marketing", "
Online Marketing Tips", "
Direct Marketing", "
Online Direct Marketing", "
Direct Internet Marketing", etc.
What do you see that is most common occurrence there? The words "
Marketing", "
Internet", "
Online", and "
Direct" so effectively what we are doing is not just mixing it up with different combination's of the same keywords we generally want to rank for, we're not only killing many birds with one stone, we're also using LSI in our keyword phrases: "
online" is semantically related to "
Internet", "
Internet", Is also semantically related to "
Marketing"; well, not so much in a direct way, but more in an indirect way. "
Marketing" is semantically related to "
Work From Home" in also a indirect way, but it's closely related to "
Making Money Online", plus "
Internet Marketing" is semantically related to "
Direct Marketing", and "
Internet Business" respectively. "
Internet Business" is related to "
Work From Home" and all of the later mentioned phrases.
To get an idea of what I'm talking about here, either use
Keyword Elite, or
Google's Keyword Suggestion Tool ONLY. If you have Keyword Elite, just use the Google Suggestion Tool First before doing anything else. Work out what phrases are closely related to the main root keyword.
It's not just about getting loads of links with the same keyword phrase out there pointing to our websites' home pages, or other articles, it's about telling Google what our pages also represent, the more information you can give them, the better that the search engine can categorize your pages under the right search term. It's been said that Google uses LSI to rank pages. This is not so. Google uses LSI to know what a page is about and to help categorize that page under the right search phrases that are being used on a daily basis. It's not just Google either, MSN & Yahoo! use LSI too.
So other than doing above, sure, we can also mix it up by placing other words in the anchor text: "For more info about KeywordPhrase", "Related News About KeywordPhrase", 'More info "About KeywordPhrase"', etc.
What we're doing here is adjusting the keyword prominence of the anchor text. "Keyword Phrase" has a prominence of 100%, "About Keyword Phrase", and there it has a prominence of 50%.
End of the day it's just a matter of mixing things up, testing things out one step at a time and see how it improves your rankings. If you follow a set plan, knowing how SE's rank a page, it becomes second nature just like typing on a keyboard or holding a pen to paper.
Hope this helps.
