I don't like this trick because I think it avoids memorizing times tables which I think ultimately will hinder students. But for the context of this question the below should help.
I would make vertical lines first with your highest (in this case tens) digit being on the left and your next lowest to the right and so on (in this case the ones digit).
Then the second number (factor) as horizontal lines with highest place digit on top and lowest on bottom.
Count the separated number of intersecting points from top left to bottom right.
Hippie stuff if you ask me. The other option would be the old(ish) school version where you use a zero in the second (and subsequent) lines of product and add up when through. The justification of the zero in the ones' column is that in a way you are multiplying by a multiple of 10 (i.e. 26X48 is really 6x48 + 20x48. Since 0xanything is 0, the 0 will go in the ones column when multiplying by the tens, two zeors when multiplying by hundreds, so on and so on).
Sorry if I made it worse.