It will not help you. But it is important also in terms of seo. In terms of seo you need to have very quality external links to get high ranking and visibility in SERP. Your site will be more valuable if you have quality with quantity with your niche links.
Remember without external links nobody...
I think except all those you should follow the basics like SBM, article posting, press Release and blog commenting in related blogs, blog creations will definitely improve your ranking.
Another thing you need to remember that it will not happen over night. it will take time and need to follow on...
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