I am building a blog which is based on a low competition keyword. It is coming up on google 1st page without any link building. However, i would like to increase the traffic on my blog. What should be the most preferred method of doing this?
Do a google search by broadening your niche keyword slightly, contact the owners of the pages that come up and see if they're willing to link to you or put an advertisement of yours linking to your site. This will give you more backlinks while still relating to your targeted niche.
To increase blog traffic be sure that you know who your audience is. When you write a post consider the audience so that you can write to the person and what it is that they need to know. Publish posts often, at least once a week but the larger the audience the more often you should publish, 3-4 times a week would be even better. Link to other blogs and sites in your posts, then let the sites know that you've linked to them. Bookmark your posts. Use social media to share your posts with your friends and family and ask them to share it on their social sites as well. Allow comments on your posts and then respond quickly when you get a comment.
hmmm... Building link for low competitive keywords. I don't think a good idea we should remember that getting good link is to hard and expensive. So is better to promote your page on social media and keep genuine link building in slightly manner is good enough to get traffic and ranking both together.
If you managed to find some low competitive keywords then you can rank without links as well, you can do slow link building as well, don't do too many links in one day.
if its coming up on the front page already without doing anything, then most likely its due to low competition keyword and fresh content. that ranking will most likely disappear in couple of weeks or so. if you are to do some SEO/link building for your site to increase your ranking, you need to first identify how profitable your site is. with top ranking, how much revenue your site can generate? once you find that out, you can then figure out whether to invest some time and money into it or not. if it isn't enough money you will be making, then investing any money into the project isn't justified. in that case, you need to see what you can do yourself which is building one link at a time and participate in some social media activity.
Ranking would not disappear if there is no competition and low competition, but you should maintain the ranking, you should create content on your site and do link building slowly.