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In this video tutorial, the process of compressing file size using WinRAR is demonstrated. The advantages of compressing files include easier uploading and quicker data transfer. The step-by-step instructions show how to select and compress a folder to significantly reduce its size. The use of WinRAR is recommended as the best compression software available. The original file size of 415 MB is reduced to 220 MB after compression. Links to download WinRAR are provided in the video description.