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In this tutorial, Shawn Connolley from Rebrandly explains how to edit the destination URL of custom short links, emphasizing the importance of keeping branded links updated with relevant information. This feature allows users to change the destination URL of a link after it has been created, making it useful for correcting incorrect links, pointing to new locations, and updating static links to direct users to the latest content. It's particularly beneficial for social media platforms like Instagram and for updating UTM parameters. The process is easy and quick, starting from the Rebrandly dashboard where users can select the link they want to change and click the edit button.