Not sure how you get to fast from simple. Simple people tend to speak slowly. Country people are more often than not simple and the pace of life slow and for some tedious. Often they are also practical and if one can be excused for generalising, honest. So no, simple does not mean quick results and short cuts. But it does mean easy to understand and easy to do.
The problem is all the mumbo jumbo which works for no one. Not for the experts nor those who are asking questions and looking for answers.
How does Google tell one site apart from another? The short answer is, it can't. A link is a link. And some links are just more effective than others. They carry a bigger punch. Google does have an algorithm where they weight and evaluate sites. In gobbledy-gook this gets twisted into that trust factor you speak of. The snake oil market that has been built up around this industry.
Trouble is, you don't get the sort of links you want. It's simple. Trusted sites, authority sites are those that don't link out for the asking. So the question that needs an answer is how does one build value links. And the simple answer to this question, is over time. If you manage to get a site to link to your site you want it to remain in place for a long as possible. Links are like a good wine. They mature with time.
Relevant? I have a problem with relevant. Google does not understand, cannot fully comprehend the complex relationships that exist in the real world. Yes a link from a page that is relevant to the content contained on your site is preferable. But it would be stupid to get anal about relevance. Links from travel sites for example. How do you pigeon hole them?
Contextual, relevance? Are these two not the same? Or have you omitted to use the term anchor text ? Possibly the most important factor when looking for a ranking. Anchor text is the phrase in the content that is hyperlinked and points to the page being optimised. You haven't mentioned organic link building either and once again I have a problem with that. Organic links seldom come with the anchor text one wants.
This is where SEO becomes a community build and group effort. This is where the consultants need to work with instead of for the client, where SEO starts to overlap with social media marketing and where it becomes part of an ongoing multi-faceted campaign.
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