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In this tutorial, the presenter demonstrates how to hide placeholder text in content control form fields. This placeholder text typically appears in light gray to prompt users to fill in the form. To hide it, the presenter first selects the design mode and highlights the placeholder text, ensuring to include the period. After selecting the text, they right-click to open the font options, where they can check the "hidden" box under font effects to effectively remove the placeholder from view. Viewers are encouraged to check the playlist for more fillable form tutorials on the channel.