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In this tutorial, the presenter explains how to create a drop-down list in Excel that allows users to click and navigate to various URLs. Initially, a basic hyperlink is demonstrated by typing a URL into a cell, which automatically formats it as a hyperlink that opens in the default browser upon clicking. However, if you prefer a cleaner approach without occupying full cells, the tutorial mentions creating a list of hyperlinks in a drop-down format. This requires a source list for the drop-down options, which can be hidden for a neater appearance. This method enables easy access to multiple hyperlinks from a single cell.