You use a text element to store a short section of text.
To create a text element, you can either add a text element to an
authoring template, site area or content item, or create a text component.
Creating a text component
You create a text component when you want to reuse a section
of text in multiple places in your website.
Adding a text element to an item
You add a text element to a site area or content item when
you want a section of text to be used for a specific site area or
content item.
Adding a text element to a template
You add a text element to an authoring template when you
want the text element to be used by a set of items that use the same
authoring template.