Load Time Optimization refers to the process of improving the speed at which a website or application loads. Faster load times enhance user experience, reduce bounce rates, and can positively impact search engine rankings. Techniques include compressing images, minimizing code, and leveraging browser caching. Effective load time optimization involves analyzing performance metrics and identifying bottlenecks. Tools like Google PageSpeed Insights and GTmetrix can help developers assess load times and suggest improvements. By implementing these strategies, businesses can ensure that users have a seamless experience, leading to higher engagement and satisfaction.