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Best practices for optimizing website performance include minimizing HTTP requests, leveraging browser caching, compressing and optimizing images and assets, and using a content delivery network (CDN) for faster content delivery. Implementing lazy loading for images and scripts, reducing server response times, and minimizing CSS and JavaScript files also contribute to improved performance. Regular performance testing and monitoring help identify bottlenecks and areas for further optimization. How do you prioritize these practices in your website's performance optimization strategy?