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In this tutorial, the speaker explains the process of editing a purchased PhD template from HC. After downloading the zip file, ensure you open it on a desktop or laptop computer as phones may not allow the download. Make sure WinRAR software is available on your PC or download it from the website. Choose the appropriate version for Windows or Mac. The PSD file may appear as a zip file, so it needs to be unzipped. The speaker uses free fonts from Google Fonts in the template.