Is there any importance of 'labels' in SEO, while creating a blog....and also please tell how one can make the best use of labels option on a blog...Is there a specific way which can help increasing traffic...Thanks
You can put labels to your blog and this would bring you upper in Google, if you put some key words often searched. The more labels you put, wth known words the more chances you have for your blog to be visited.
I hadn't really thought about it at all really, not in that way anyways.
I think just the fact that you have multiple categories on your site increases your potential audience, it's just a matter of doing proper SEO to get those categories indexed high enough in the rankings to get noticed by the people who are looking for the stuffs that your pages supply.