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To secure a first-round interview, a resume is crucial, but an effective cover letter can evoke emotion and distinguish candidates. In this video, the host highlights three key strategies used by Amanda in her cover letter that helped her receive multiple offers from management consulting firms and bulge bracket investment banks. Viewers are encouraged to watch until the end for a unique cover letter formatting tip. While a strong cover letter doesn't guarantee a position, a poorly crafted one can eliminate candidates from consideration. The video aims to dissect the elements that make Amanda's cover letter successful.