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In this tutorial, Matt from Just Excel Tutorials demonstrates the concatenate function to combine data elements in Excel. The goal is to create a full name and address in a mailing label format using this function. By using the CONCATENATE function, users can easily merge data from different cells. The process involves entering the function "=CONCATENATE(", followed by the cell references to be combined separated by commas. This allows for data integration and organization in Excel spreadsheets.