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In this tutorial, the presenter explains how to create a standard covering letter using MS Excel instead of the traditional MS Word, to save time when personalizing letters for different recipients. The process begins with adding a letterhead, which should be pasted as a picture in Excel to ensure proper alignment. The presenter demonstrates copying the letterhead from Word and pasting it in Excel using the "paste as picture" option. To streamline entering recipient names and designations, the video discusses utilizing Excel's data validation feature. This involves creating a list of standard designations in separate cells, selecting the data tab, and applying data validation to allow easy selection from the list.