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This video tutorial explains how to hide placeholder text in content control form fields when creating forms. Placeholder text appears in light gray to prompt users to fill in fields, but it can be undesirable to display. The tutorial guides you through the process using an example form with plain text form fields. To hide the placeholder text, first enter design mode and highlight the text, ensuring to include the period. Next, right-click the selected text, choose the font option, and check the "hidden" box under font effects to hide the placeholder text. For more tips, viewers are encouraged to check out the channel's playlist on fillable forms.