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Social Bookmarking
Social bookmarking involves saving bookmarks (web addresses) to a public Web site such as Digg or Del.icio.us so you can access these bookmarks from any computer connected to the web.
Your favourite bookmarks are also available for others to view and follow too, hence the social aspect. If you wish to create your own social bookmarks, you must register with a social bookmarking site. Once you are registered, you are able to store bookmarks, tag your bookmarks, and share with anyone interested in your bookmarks.
Hopefully you can see the value and power of social bookmarks from an SEO perspective. You can think of it as viral or guerrilla marketing in a way. It can be a powerful grassroots method of marketing your site. When done correctly, social bookmarking can increase the quantity and quality of inbound links to your website.