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The video tutorial demonstrates how to reduce Excel file size without deleting data. It is recommended to save a copy of the file before attempting the reduction process. The first step involves compressing picture size by selecting the picture, going to picture format, and choosing compress under adjust. Different options are available for compressing the picture format, such as setting the PPI to 220 for printing. An alternative method is to go to file, click on more, then options, and advanced. Scroll down to image size and quality, ensure to discard editing data and not compress the image file, and adjust the PPI to make it smaller.
