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There are a lot of ways to promote your site, the ones I like is Video Marketing and Guest Blogging.
Here's few tools: For keyword research: long tail pro or market samurai For auto link building: scrapebox, gsa search engine ranker and money robot submitter. For manual link building: [backlink finder](http://theseotools.net/backlink-finder) and seo powersuite.
Usually blogspot posts get indexed quickly. But if you're still worried then yes you submit your blog into bing webmaster tools.
Hire a staff of 2/3 members and join renowned web hosting forums and ask them to participate in the discussions. This way you can raise awareness of your brand to the people.
SEO is a long term process and it takes a lot of time and efforts. But trust me it'll pay off. If you're thinking about to fast the process, then it's depend on your domain age and authority. I wouldn't suggest you to speed up the process if your site …
Yes it is good, but just for indexing purpose. Such as if you bought a new domain and want to get it indexed quickly.
The End.