This is the easiest approach and recommended if are sure that the presentation venue will have great connectivity. Download the YouTube Wizard plug-in from skp.mvps.org and upon installation, this will add a new "Insert YouTube Video" command to your PowerPoint Toolbar.
Insert YouTube videos to your PowerPoint presentations from the menu
You simply have to type the URL of the YouTube video and follow the wizard to add the YouTube video player in your current slide. You can resize as well as reposition the player anywhere on the slide.
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