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In this video tutorial, the importance of a cover letter in securing a first-round interview is emphasized, particularly its ability to evoke emotion, which a resume cannot do. The presenter will share three key strategies used by Amanda, who successfully wrote her cover letter to gain multiple offers in management consulting and investment banking. It is noted that while a good cover letter won't guarantee a job, a poor one can eliminate candidates from consideration. The video also promises a unique formatting tip for cover letters at the end.