A cloud-based service included in Microsoft 365, delivering scalable messaging and collaboration features with simplified management and automatic updates.
Do you want to delete the items/move to the online archive or export to a pst? If pst, then there isnt much in the way of options other than what you have seen.
If by policy and its not working as you have said, then note its never immediate in 365. It will take some time for the Assistant to move/delete the items per your policy. In fact there is a 7 day cycle and from what I have seen, you arent gonna make that go any faster running that command :)
The retention policy runs automatically one time every seven days for mailboxes that are larger than 10 MB.