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To land a first-round interview, a resume holds significant weight, but a compelling cover letter can evoke emotion, which a resume cannot. In this video, the speaker outlines three key strategies used by Amanda in her successful cover letter, which helped her secure multiple offers from management consulting firms and bulge bracket investment banks. The video emphasizes the importance of a well-crafted cover letter, stating that while it doesn't guarantee a job, a poorly written one can prevent interview opportunities. Viewers are encouraged to stay until the end for a unique formatting tip for cover letters.