What compression actually does.
Compression removes or rewrites data so the file takes fewer bytes. The useful target is the destination limit, not the smallest number you can force out of it.
Image & Photo
Make this image smaller.
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Useful to know
Four things worth knowing.
Smaller has a cost.
More compression eventually shows up as softness, banding, blockiness, ringing or damaged audio and motion.
Check the ugly bits.
Open the finished image at normal size and check crop, sharpness, dimensions and file size.
Stop at the real limit.
If a form says 5 MB, aim comfortably below 5 MB and stop. There is no prize for turning a good file into a 400 KB one.