How do you apply a preset effect to a clip?

Applying a preset effect to a clip in Adobe Premiere Pro is efficiently done by dragging it directly from the Effects panel onto the desired clip in the timeline. The Effects panel is where all available visual and audio effects are organized, making it easy to locate and apply any effect you want. Once you find the preset effect, you can simply click on it, hold, and drag it onto the clip, which allows for immediate application and visual feedback in the editing workspace.

The other methods mentioned do not directly lead to applying effects in the same straightforward manner. For example, selecting from the toolbar is not a feature available for preset effects; tools in the toolbar are primarily for editing and navigating rather than effects application. Downloading an effect from Adobe Stock refers to acquiring new assets, not applying existing presets. Right-clicking on a clip may provide options related to clip management or other functions, but it does not serve as a method for applying effects. Thus, dragging from the Effects panel is the most direct and effective way to apply preset effects to clips in your project.