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In this video tutorial, the importance of a cover letter in securing first-round interviews is discussed, highlighting that while a resume is crucial, a compelling cover letter can evoke emotion in the reader—a quality that resumes typically lack. The speaker shares three key strategies used by Amanda in her cover letter, which helped her receive multiple offers from management consulting firms and bulge bracket investment banks. The video emphasizes that while a good cover letter won't guarantee a job, a poor one can prevent candidates from reaching interviews. Viewers are encouraged to stay tuned for an innovative formatting tip at the end of the video.