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In this video tutorial, the presenter introduces a method to reduce Excel file size by more than 50% without using macros. The method is unique and different, promising to be efficient and easy to follow. The video demonstrates how to select Excel binary workbook format when saving the file, which significantly reduces the file size. The presenter starts with an example file size of 8.25 MB and 37,937 line items, showing how the method can help in saving space. The viewers are encouraged to follow along and try this method for themselves.