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The tutorial provides a simple trick to reduce the size of an Excel file. The ordinary actions suggested include removing conditional formatting, using paste special values, clearing formatting, and deleting hidden columns, rows, and sheets. By implementing these actions, you can reduce the size of your Excel file. The demonstration shows creating a file, inputting row data, copying cells and pasting them on an entire column, and then saving the file. By changing the file format to an Excel binary workbook, you can significantly reduce the file size from 5.42 MB.