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In this video tutorial, the presenter demonstrates how to hide placeholder text in content control form fields. Often displayed in light gray to prompt users, this text can be undesirable. To remove it, the presenter uses a form with plain text content control fields. The steps include selecting "design mode," highlighting the placeholder text (including the period), and right-clicking to open the font options. In the font effects section, there’s an option labeled "hidden" that allows users to conceal the placeholder text. Viewers are encouraged to explore the channel's playlist on creating fillable forms for more related content.