Hell no. Yahoo answers doesn't have quality than other QA websites like Quora.
Also QA websites drive traffics instantly if your link is based on that question have been asked.
Otherwise yahoo answers cant be a part of SEO rankings.
It can generate traffic, also websites like Quora and Trulia can be good. I think it has some SEO value but there is a debate about it. Same as no follow links vs follow links, I think no follow can contribute to your site SEO.
Honestly, I haven't tried using yahoo in promoting the services that we offer. The fact that many people visit the said website then I can say that it surely is effective. Can somebody tell me, how to insert link on yahoo discussion? Thanks in advance. :rolleyes2:
As many people used to get Do-follow backlinks from Yahoo Answers, they made some restrictions. Now you need to level up before your links goes to Do-Follow, they are No-Follow by default. You must have some Best Answers to level up. Once you have reached level 2, you can have all your links as Do-Follow.