Anchor text helps tell Google what the topic of your page is about. If dozens of links point to a page with a variation of a word or phrase, the page has a higher likelihood of ranking well for those types of phrases. However, proceed with caution! Too many backlinks with the same anchor text could indicate to the search engines that you're trying to manipulate your site's ranking in search results.
Link building should never be solely about search engine rankings. Esteemed SEO and link building thought leader Eric Ward used to say that you should build your links as though Google might disappear tomorrow. In essence, you should focus on acquiring links that will bring qualified traffic to your website — another reason why it's important to acquire links from relevant websites whose audience would find value in your site, as well.
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