There are several factors that determine transcription rates for major transcription service providers. These are highly flexible and depend upon a number of factors including transcription types, quality of audio files, jargons present in the recordings, the turnaround time for delivery, request for special formatting and even bulk orders. So if you are searching for transcription rates online, and wish to get the best quality transcription services at highly competitive rates then understand this process better with the shared infographic.
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We have seen that a lot of people are searching for transcription rates online to understand the process but there is no clear-cut answer to this online.
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General/Audio Transcription caters to people of varied fields – from students to businessmen.The charge for general or audio transcription usually lies between $1.25 to $4.50 per recorded minute by US-based transcribers.The parameters for pricing depend mainly on the clarity of audio files. The price range escalates for difficult audios.Turnaround time ranges from Same Day Service and Next Day Service to Discount (3-4 Weeks).
It transcribes videos directly from streaming sources like YouTube as well as videos uploaded to the secured server.Normally, video transcription services rates range from $1.75 to $5.00 per recorded minute.The parameters for pricing depend mainly on the clarity of videos. The price range escalates for difficult videos.The turnaround time ranges from Same Day Service and Next Day Service to Discount (3-4 Weeks).
Text to text transcription is used to convert paper documents in electronic format, or to reformat a paper document and printing it.
Spanish recordings are transcribed by US-based transcribers who understand the difference between US Spanish and Spanish spoken in other countries.
Quality of audio is very crucial for transcription pricing, as transcription prices may vary when transcribers need to deal with difficult audio files. These include:
The turnaround time for delivery also determines transcription pricing.
If the clients need the project to be completed next day then rates are higher in comparison to those who give a deadline of 3 to 4 weeks.
It is widely known and accepted that the longer your recording length is, the more expensive your transcription will be, as the exact cost of your transcription project is directly related to the per minute rate prescribed by the transcription company.
Many transcription companies offer discounts for bulk volumes, so giving bulk orders can actually help you save on a lot of money.
Beware of those transcription companies that do not offer transparency in their pricing. Many companies do not provide the exact price of transcription before starting the project. Some companies might charge you more than they have quoted after adding all the extra services. Also, be careful of those companies that offer a huge discount on their websites but don't mention the exact terms of services.
It’s important to do proper research and in-depth analysis before selecting a transcription company. Keep these things in mind before hiring a transcription company.
Pricing is a critical factor that should be considered while selecting a transcription company, as it may vary for each service provider. You should do extensive research and take into account all the important aspects of transcription companies as a whole. Always, go for a transcription company that offers flexible and transparent pricing structure.
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