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Let's say we run an electronics distribution company called All Tech Ltd.

Here's a practical example of when you might use VLOOKUP. The VLOOKUP formula relies on four different arguments to present a filtered result that is, you give it four inputs, and it gives you one output. It works like any other function or formula in Excel, like SUM or AVERAGE. VLOOKUP helps you look up a corresponding value for a cell from within your existing database. Open the worksheet, and click Save to OneDrive to edit and practice with the data. We've created a demo worksheet that you can practice with. Here, we'll guide you through the process of how to use the VLOOKUP function in Excel Online. So what does VLOOKUP do? Like the name implies, it allows you to quickly look up any value that lives somewhere else in your spreadsheet. VLOOKUP is one of the most powerful features in Excel, but it's also kind of scary at first glance.