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In this video tutorial, the presenter explains how to hide placeholder text in content control form fields to create a cleaner form appearance. Users often see light-gray placeholder text prompting them to fill in the fields, which can be undesirable. To hide this text, the presenter demonstrates selecting the text in design mode, including the period, then right-clicking and choosing the font option. In the font box, the user can check the "hidden" box under font effects to remove the placeholder text from visibility. Viewers are encouraged to explore other related videos in the channel's playlist on creating fillable forms.