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The video tutorial demonstrates how to reduce Excel file size without deleting data. It is important to save a copy of the file before attempting to do so. The first step is to compress picture size by selecting the picture, going to picture format, selecting compress under adjust, and choosing the desired compression option. An alternative method involves going to file, clicking on more, options, advanced, and selecting image size and quality, ensuring to discard editing data and not compress image file. This allows for reducing PPI to make the picture smaller.
