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In this video tutorial, the speaker emphasizes the importance of a cover letter for securing a first-round interview, highlighting that while a resume is crucial, a cover letter can evoke emotion in the reader. The speaker shares three key tactics used by Amanda, who successfully landed multiple offers in management consulting and investment banking. The video encourages viewers to stay tuned for a unique formatting tip for cover letters. The speaker also notes that while a strong cover letter won't guarantee a job, a poor one can eliminate candidates from consideration.