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Backlinks, along with content, make up the most important factors that influence how well your webpages perform in search engine results pages (SERPs).
If that tells you anything, it should be that backlinks are super-important and should be treated so.
Treating your site's backlinks with the utmost importance they deserve starts with having an idea of what your backlink profile looks like. Put differently, you would have to analyze your backlinks to know where you are and the next level to which you should take it.