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In this video tutorial, the speaker emphasizes the importance of a cover letter in securing first-round interviews, stating that while a resume is critical, a compelling cover letter can evoke emotion in the reader. The speaker will outline three key strategies used by Amanda, who successfully landed multiple offers in management consulting and investment banking. The video reinforces the necessity of a strong cover letter, noting that while it won't guarantee a job, a poorly written one could eliminate candidates from consideration. The tutorial promises a unique cover letter formatting tip at the end.