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The key point of the text is the importance of the cover letter in creating a great proposal. The cover letter is crucial in encouraging clients to read through the proposal, as it helps to entice them and make a good first impression. By showing understanding of the client's problem and requirements, the cover letter can help increase the chances of closing the deal. It is compared to a landing page, where the goal is to capture the reader's attention and encourage them to keep reading. This step is essential in the proposal process and can make a major difference in the success of a business.