PageRank is a Google way of measuring the importance of any webpage. The PageRank is the algorithm developed by the founders of Google and it's very popular among webmaster. A webpage can have PageRank any where between 0 to 10 depend on the algorithm or N/A ( In case, The webpage is new, not yet indexed by Google ).
The algorithm is purely link based. What Google says about PageRank-
PageRank relies on the uniquely democratic nature of the web by using its vast link structure as an indicator of an individual page's value. In essence, Google interprets a link from page A to page B as a vote, by page A, for page B. But, Google looks at considerably more than the sheer volume of votes, or links a page receives; for example, it also analyzes the page that casts the vote. Votes cast by pages that are themselves "important" weigh more heavily and help to make other pages "important." Using these and other factors, Google provides its views on pages' relative importance.
PageRank Usage:
PageRank is very popular algorithm that measures the importance of any webpage and based on the given rank, these pages are placed in search results. A higher page rank webpage will get more chances to appear on search result than the lower one.
PageRank Tips:
1:-Provide good quality content, good design, quality website and proper META tags. If content is good, everyone would love to visit the website again and again and will also link back to you.
2:-Try to get back links from high PageRank websites/blogs. The number of quality back links increases the PageRank significantly. Its good to have back links from even a PageRank 0 website, because it contributes to your PageRank, but not as much as link from high PageRank website.
3:-Increase your PageRank and let advertisers come to your website. Earn $$
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