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In this tutorial, Shawn Connolley from Rebrandly demonstrates how to edit the destination URL of custom short links. This feature allows users to update their branded links easily and is useful for correcting dead links, directing users to new locations, or regularly updating static links, particularly beneficial for platforms like Instagram. Additionally, it helps in updating UTM parameters. The process is straightforward and can be completed quickly. Users need to access their dashboard, select the link they want to change, and click the edit button to start making updates.