It wouldn’t help you with backlinks greatly. The links are ‘nofollow’ and it shouldn’t be worth investing time for those who are purely looking at it as a means to build links...But YA is a great source of traffic. Helpful answers should get you some clicks from real people.
Yes, the helpful answers will get new unique visitors. However, do not spam yahoo answers. Also, as far as actual weighting of backlinks goes... if you post multiple backlinks on yahoo answers they will not carry much weight as only one link will suffice.
They're beneficial for a different aspect other than traffic and back links. They help you to build a trust for your website like if your website has corresponding Yahoo answers account somewhere on level 4 or level 5 and when it leaves a link back to your site it will be counted as a level of trust for Google and other search engines. It also reflects the expertness of your business.
Yeah its one of powerful strategy to bring quality traffic that give you sales and the backlinks you generate here are considered as reliable and quality links.
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