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The video tutorial shows three ways to enter addresses in Excel, with the first method being to keep each line of the address in a separate row. The instructor emphasizes not to enter an address across multiple rows as each cell in Excel holds a value, and an address should be a valuable unit of information on its own. It is recommended to include the name as a separate value or as two separate values depending on how the data will be used, to ensure the address remains together as one unit.