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The key point of the text is to emphasize the importance of the cover letter in creating a great proposal. The cover letter serves as the initial hook for clients to engage with the proposal. It is crucial to acknowledge the client's needs and requirements in the cover letter to capture their attention and encourage them to continue reading. Just like a landing page, the cover letter must entice the client to delve further into the proposal. By understanding the client's problem and requirements, you can effectively engage them and increase the chances of closing the deal.