3.5 minute Video Demo:
Text-only cheat sheet:
COPY AND APPLY FORMATTING TO TEXT AND SHAPES
Formatting shapes: Select the eyedropper tool, then option/alt-click on the original shape; this loads the formatting into the eyedropper. Now click on the shape you want to apply the format to.
Formatting text: Select the eyedropper tool then option/alt-click on the text format you want to copy. Hover over the text you want to apply the new formatting to, you’ll notice the eyedropper icon has a small ‘T’ next to it. Click and highlight the text to apply the new formatting.
Color Theme tool
LIFT A COLOR PALLET OFF OF PHOTOGRAPH
To create a color pallet from a photograph you need to select the color theme tool: it lives in the same menu icon as the eyedropper tool. Click on the image whose colors you want to sample and the tool generates a color theme for you based on the image. You can add the color theme to your swatches by clicking the + icon.