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In this tutorial, the presenter demonstrates how to extract specific text strings from a larger text portion in another cell, using a set of four addresses as examples. The goal is to isolate particular components of the address, such as the number, street name, and road abbreviation. The tutorial emphasizes that the process is efficient and straightforward, particularly for users with extensive lists of addresses. However, it highlights that this method only applies to addresses with consistent spacing, as each address in the tutorial maintains the same spacing format. The focus is on extracting text based on the uniformity of spacing between components.