A closed captioning transcription company adds text to video, which serves many purposes. Closed captioning has been proven to be a useful technique for the hearing impaired, translating a foreign language, providing additional information to visuals and much more.
If you are looking for closed captioning transcription services, hire a reliable transcription company for their professional services. Here are 4 effective ways to cut costs when hiring a transcription service provider for closed captioning.
Keep captioning time limited
The pricing for closed captioning of video content is usually based on a per minute or per hour basis. To cut costs, only use closed captioning for scenes that require explanation. Ask the transcription company if it will round the timing to the nearest minute or other incremental time frame. Ideally, they will not use rounding.
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Eliminate surprises by asking about total fees
Make sure that you completely understand the total price structure so that you can avoid any unexpected costs. Ask if there is a fee for each speaker being transcribed or if there are different fees for various caption formats. Find out if the company requires a platform fee, a minimum order or if you can use the service sporadically.
Ask if the transcriptionist provides a bulk discount
Some of the closed captioning transcription companies offer a discount for a bulk amount of work hours. This plan helps if you only need to upload all your files once in a while. As the work is completed, deductions are made from your bulk credit, which can be a cost-effective way of purchasing closed captioning services.
Consider the quality you want and whether cutting costs affects quality
If quality is an issue, then find out if cutting costs will affect quality. Be aware that some companies offer cheaper services because they cut corners, such as not putting sufficient time into making sure the closed captions are accurate. If they don't use speech recognition software and rely on low paid transcriptionists who aren’t proficient enough in English, it could lead to poor results. Research the company as much as possible so that you have a clear understanding of both cost and quality.