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I think explaining about Alexa Ranking has overtime and many site talking about it. I write on my blog just for documented so I can read and implement it every time. I hope it can be usefull for newbie and other reader that don't know about it.

What's Alexa and how do they work?
Alexa as a part of Amazon company is another way for people to alexa rankingrank your website by the turn of reciprocation it receives. Alexa seem doesn't use complex algorithm to determine your site's ranking, but kinda how some grouping with the Alexa toolbar impact viewed it.

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How does meet Alexa watch it's rankings?
Alexa's traffic rankings are based on the usage patterns of Alexa Toolbar users over a rolling 3 month period. A site's ranking is based on a combined measure of reach and pageviews. Reach is observed by the sort of unequalled Alexa users who meet a place on a presented day. Pageviews are the total number of Alexa user URL requests for a site. However, multiple requests for the same URL on the same day by the same user are counted as a single pageview. The site with the highest combination of users and pageviews is ranked #1.

How can we monetize?
There are a few reasons to be concerned with your Alexa rank if you are currently monetizing your blog or website in the future. Web services like PPP, TLA, and ReviewMe use Alexa rankings as part of their algorithm to determine your blog's worth to advertisers; the higher your rank, the more offers you'll be approved for or be capable of doing.

How To Increase Your Alexa Ranking

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Use Alexa Redirects
http://redirect.alexa.com/redirect?www.yourdomain.com
Use this in MyBlogLog, forum signatures, internal links, blog comments, anything you can imagine.

I have heard people say they went from a 4 million rank to 90,000 within a few weeks using this technique. Others say this technique doesn't make a difference, so you'll just have to try it out for yourself.
Imagine the increase in revenue you're going to see from your advertising agencies when your rank increases like that. You can take this one step further by adding a 1px by 1px iframe to your sidebar loading the alexa redirect URL. This way you can ensure every visitor is tracked. Tricky, right? Just be sure you realize the impacts of your website being loaded twice over for every visitor.

Install the Firefox Extension
Install the Alexa Firefox Extension and set your blog as your homepage. This is the easiest way to get a few extra hits...

Install the Widget
Put the Alexa widget on your site. Each click on your Alexa widget is counted as a hit.

Alexa Autosurfs
You can read more about Alexa Autosurfs here . Do search yourself.

Social Networking
Use social network and forum like Orkut, hi5 and others to publicize your site. Fire up scraps and messages to as many members you can. Use the redirect link in a MySpace bulletin, use it on your profile, use it as a signature for when you leave comments to others, etc. There are many more social sites than MySpace, too. Virb, Facebook, etc.

Instant Messenger Profiles
If you have a lot of friends on your instant messenger contact list, it could be beneficial to use your redirect in your IM profile or away messages.

Get Dugg or Stumbled.
This usually brings massive numbers of visitors to your website and the sheer amount will have a positive impact on your Alexa Rank. Naturally, you'll need to develop link worthy material.

Get friends to review and rate your Alexa website profile.
Not entirely sure of its impact on rankings but it might help in some way

Tweak your Forum Signatures.
Are you a regular member of several forums? Change your forum signature instantly by including Alexa's redirect link.

Write or Blog about Alexa.
Webmaster and bloggers love to hear about ways to increase their Alexa rank. They'll link to you and send you targeted traffic (i.e. visitors with the toolbar already installed). This gradually has effects on your Alexa ranking.

For Real Alexa Ranking Increase
Consider marketing strategies Increase Alexa Ranking, Get Paid more you would normally use, just use the Alexa redirect URL when you link back to your site. Think outside of the box, but use proven strategies that work.

Remember that there are generally two demographics that have the toolbar installed: People with Internet Explorer that have unintentionally installed the toolbar and webmasters who have the toolbar or Firefox extension installed themselves. Write something that caters to them and remember that the rank is only calculated from viewers to your root URL: www.yourdomain.com.

Some site that share this tips can be read here:
http://www.submitexpress.com/bbs/about1908.html

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There are different ways to check your page ranking one is through google page ranking and the other one is through Alexa Ranking. But Google page ranking is considered more reliable. To have a good page ranging companies do effective website marketing. There are different companies which are give complete seo solutions along with marketing campaigns for their clients. One of these marketing campaigns is pay per click; which increase the website traffic by showing your website link on different similar website. Another one is email marketing program which automatically generates and delivers the mail to potential customers. There are lots of seo reviews present online which can help you to plan your website marketing campaign.