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In this video tutorial, the speaker emphasizes the importance of a cover letter in securing first-round interviews, stating that it can evoke emotion, unlike a resume. Highlighting the success of Amanda, who received multiple offers in management consulting and investment banking, the speaker outlines three key elements that made her cover letter effective. The tutorial also underscores that while a strong cover letter won't guarantee a job, a poor one can hinder interview opportunities. Viewers are encouraged to stay tuned for a unique formatting tip for cover letters at the end of the video.