Contextual Link Building is becoming more popular and trendy way to make quality back links for your website.Google, Yahoo, Bing each and every major search engines likes links from the same relevant content.If you you can embed your links from the contents of different websites then it will be more than effective rather than any links this days.
Some way to make contextual links:
1.Making embedded contextual links from the relevant high pr websites specially among the content portion of the websites
2.Making embedded contextual links from the relevant high pr blogs specially among the content portion of the blogs
3.Embedded links from relevant articles websites, by posting your article and just embed your links.
4.Embed your text links from various high quality Press Release and News publication websites
5.Make forum thread post by embedding your text links on the thread content.
6.Make relevant blog comments and make sensible use full comments by embedding your website links, be careful for that otherwise blog moderator can flag you spam.
7.Try to make all the embedded links from do-follow websites, blogs and forums.
If you process this method not only you will get huge boost on SERP but also you can attract decent number of direct traffic.