When it comes to designing and developing a web site the load time is one consideration that is often ignored, or is an afterthought once the majority of the design and structure is in place. While high-speed internet connections are becoming increasingly common there are still a significant portion of web users out there with 56k connections, and even those with broadband connections aren't guaranteed to have a fast connection to your particular server. Every second that a user has to wait to download your content is increasing the chance of that user deciding to move on.
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