First of all what is link wheel..??
The Link Wheel is a complex link building strategy designed to help you improve your search engine optimization
Now how to implement it..??
The link wheel is one such idea where several similar themed websites get together and create a circle of links. So website A links to website B which links to website C which then links back to website A. Link wheels can contain any number of websites from the three in this example upwards..
Essentially link wheels attempt to try and fool the search engines by hiding reciprocal links via third party websites and the method has had some success.
It is true that link wheel strategy has come under Google's radar but still this technique can yield fruitful results if we use original content and use it in a precise way.