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In this video tutorial, the speaker emphasizes the importance of a good cover letter for securing first-round interviews, suggesting it is more critical than a resume, except for the emotional connection it can create. The focus is on three key strategies used by Amanda in her cover letter that helped her receive multiple offers from management consulting firms and investment banks. The speaker stresses that while a good cover letter won't guarantee a job, a poor one can eliminate candidates from consideration entirely. The tutorial promises to share a unique formatting tip for cover letters at the end.