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In this clip, the presenter shares a simple trick to reduce the size of an Excel file. Ordinary actions like removing conditional formatting, pasting special values, clearing formatting, unhiding hidden columns, rows, and sheets, and deleting unnecessary data can reduce the size of the file. The presenter demonstrates creating a new file, inputting row data, copying cells, pasting on entire columns, and saving the file. The file size is initially 5.42 MB. To further reduce size, changing the file format to an Excel binary workbook format is recommended.