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This video tutorial shows how to reduce an Excel file size without deleting data. Start by saving a copy of the original file. Compress picture size by selecting the picture, going to Picture Format, and choosing Compress. You can adjust the picture format to reduce the file size. An alternative method is to go to File, click on Options, then Advanced. Scroll down to Image Size and Quality, ensure Discard Editing Data is selected, and choose not to compress image files. This will help keep file sizes small without worrying about individual picture compressions.