How to rank a website?

Page Rank is Google's way of deciding a page's importance. It is a numeric value that represents how important a page is on the web. Usually Google updates the page rank in every 3 months. The Google PageRank (PR) is calculated for every webpage that exists in Google's database. The calculation of the PR for a page is based on the quantity and quality of webpages that contain links to that page. According to Sergey Brin and Lawrence (Larry) Page, Co-founders of Google, the PR of a webpage is calculated using this formula:
PR(A) = (1 - d) + d * SUM ((PR(I->A)/C(I))
Where:

* PR(A) is the PageRank of your page A.
* d is the damping factor, usually set to 0,85.
* PR(I->A) is the PageRank of page I containing a link to page A.
* C(I) is the number of links off page I.
* PR(I->A)/C(I) is a PR-value page A receives from page I.
* SUM (PR(I->A)/C(I)) is the sum of all PR-values page A receives from pages with links to page A..

The following help to carry out high traffic for your website.
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Submit your website to social shopping sites, Classified Ad Websites, Social Bookmarking, Press Release Distribution. Go onto Answers.Yahoo.com and start answering questions then sticking in a link to your site. You can concentrate on forums video sites rss feed submission. Put comments on other blogs.

make sure which word is your keyword,then add it in title,description,content,then build backlinks with your keyword.

You can use some technique for this purpose.Main intention is to increase traffic to your site.I think forum posting is the best way to get huge amount of traffic.

Deep Links – Get at least 5-10 inbound links to each page via deep links from other sites in order to create buoyancy.
Use SMO methods, and Micro-blogging to Increase the Visitors and rank on SERPs.

Continuous hard work with SEO strategies will help you to rank your web pages.

For much better traffic, do social bookmarking and use social networking sites.

Nice sharing..Great forum, learned a lot so far. I realized there are some highly experienced people in here..My view is if you have a new website with some products to sell, you need to make sure you have a mixed strategy. Use PPC + SEO to get good traffic to your website. Obviously it would take least 2-3 months to get targeted organic traffic but you can start getting some traffic from PPC in the beginning.

What is the difference between deep linking and inbound links form other sites?

good content and quality backlinks is enough..