Used to describe small progress in reducing something negative or excessive. We need more than a few volunteers to actually make a dent in the city's pollution.
Pro Tip 2/3
Minimal Impact
Implies that while there is some impact, it might not be very significant. The discount barely made a dent in the overall price.
Pro Tip 3/3
Figurative Use
It's usually metaphorical, not about physical dents. Despite our efforts, we hardly made a dent in public opinion.