Earn $0.50 per minute of audio | How to make money from transcription

Transcription is among the most popular ways to profit from the Internet, and it is also considered one of the most requested services in the market for writing and transcribing services, and the demand is increasing day after day for this type of service, which makes it a required service and of great value to customers.

Despite the simplicity of its working principle, which is based on converting speech and audio texts into written professional articles, it is an indispensable tool for many companies and business owners.

But have you ever thought about how to profit from the Internet through transcription? If yes, then this topic is important to you at the beginning of your career.

What is transcription and how to profit from it

There are many ways in which you can profit from the Internet, and there are many services that can be provided.

In this article, we will learn about a way to make money from the Internet by transcribing, how to make profits, what is transcribing originally, what are the best platforms to work with, and how to provide transcription services.

So read on.

What is voice transcription

Transcription or (Transcription) is a process that enables audio to be converted into written. Through transcription, a video or audio file can be converted into a professional article without addition or decrease.

The resulting text is called (Transcript) and the freelancer who performs the transcription process is called (Transcripter).

Why is transcription an important and highly demanded field in the labor market?

In some fields such as law, medicine, and media, transcription is necessary for documentation, research, and citation of sources. The audio content may contain important legal information or sensitive medical details, and converting it into a written text that is easier to access and better processed.

There are many reasons that make transcription the most important field in the world of writing services, including:

• If you are thinking of making money from the Internet, audio transcription is the easiest way
• Helps document audio content in written form
• It saves time and effort for individuals when accessing information
• The audio content is easy to understand
• It can be used as a content review tool
• Contribute to the understanding and consumption of content by people with hearing disabilities
• Provides equal access to information for all
• It makes it easy to cite sources and search audio content
• It can be used in large areas such as law, medicine and media
• Promotes focus and attention to detail while listening and converting
• It facilitates the exchange of information and ideas between individuals and groups

Types of transcription

Audio discharge is divided into two types according to the type of materials to be discharged and the method used:

1. Transcribing from audio to written
2. Transcribing from text to voice

And in terms of type into several areas:

1. Scientific research: converting scientific lectures and conferences into written texts to facilitate access and use in research and studies.
2. Judiciary and Law: Transforming witness testimonies, judicial hearings, and trials into written texts for documentation and legal use.
3. Healthcare: converting medical conversations, radiology reports, and medical notes into written texts to facilitate documentation and patient care.
4. Education: Converting audio lectures and lessons into written texts to facilitate review and learning.
5. Media and entertainment: converting articles, books and novels into audio format to provide an enjoyable listening experience and enjoy the content while traveling or doing other work.
6. Business: converting ad clips and marketing content into an audio format to promote products and services more attractively and effectively.

The skills required to work and profit from transcription

Transcription is a profitable field in which you can earn money from the Internet in an easy way, and although transcribing does not require much experience or expensive equipment, it needs basic skills to get started in this field.

• Typing Speed and Accuracy: You must be able to type at a speed of between 60 to 75 words per minute, while maintaining an accuracy of at least 98%. You can improve your writing skills through continuous training.
• Knowledge of grammar and spelling: You must have a good knowledge of grammar, spelling, writing rules, spelling, punctuation, and correct writing techniques.
• Good listening skills: Transcription requires listening carefully and accurately to audio recordings in order to be able to transcribe them accurately, and you must have strong concentration skills.
• Use of software: You must be able to use software dedicated to transcribing audio, as it provides important utilities to facilitate your work, such as accelerators for playing audio files.
• Computer proficiency: The computer is an essential tool for practicing transcription. It is advised to master the use of the computer because it is the most effective and practical means instead of relying on mobile phones.

Earning platforms from transcription

The platforms for profit from transcription are many and varied, as there are many sites and platforms online that provide transcription services, where you can work as a freelancer on these platforms and profit by providing transcription services.

Most of these platforms and websites act as intermediaries between transcribers and file owners who need this service. Some platforms provide automatic transcribing tools for people who need the service.

And now we will show you the most prominent platforms and sites for profit from transcription services:

1. Gotranscript

This site is considered one of the most famous freelance sites and sites selling transcription services, as it is a global site and supports the Arabic language, so it is considered the best option for Arab freelancers.

In order to start on the site and provide your services, you will need to pass the work test on site. After submitting your application, you will be tested and your abilities in transcribing accurately and efficiently will be evaluated.

The text you transcribe will be quality reviewed and checked to see if it conforms to the site's rules.

After that, if accepted, you will start working as a transcriber or transcriber on the site.

In order to be able to pass the test, you must first register with Gotranscript in simple steps, namely:

1. Log in to the website By searching for the site in the Google search engine by its name only, then you can enter it.

2. Click on sign up, and choose the language you are fluent in and want to pass the test in.

3. Register or create an account through Google or Facebook.

After that comes the stage of solving the test. To solve the test, which is divided into two parts, you are asked to do the following:

First: The written test consists of 10 multiple-choice questions, and you must answer them 100% correctly in order to advance to the second section.

Second: the audio transcription test, where you will be asked to transcribe an audio file that takes 3 minutes, according to the rules and guidelines of the site.

It is advised to familiarize yourself with the transcription rules available on the site before taking the test.

If you are accepted on the site, you will receive a message after two weeks or a month as a maximum.

As for the prices and payment methods on the Gotranscript platform, according to their official website:

• You can earn about $0.60 for every minute of audio or video you stream.
• The average monthly earnings are estimated at about $ 150, and it can reach $ 1215, and it depends mainly on your speed of work and the quality of your performance.
• The site provides two ways to withdraw money, either via PayPal or Payoneer, and the withdrawal process takes place weekly on Friday only.

2. Scribe

Scribie was founded in 2008 by Rajiv Poddar, and is headquartered in San Francisco.

The company provides transcription services to users, where audio and video files can be converted into written text.

Scribie provides good opportunities for profit from audio transcription and achieve more profits. Working in Scribie includes listening to audio files and writing them with the highest degree of accuracy, and you can choose the files that you want to work on.

You don't need much to get started with Scribie, you just need:

1. A laptop or desktop computer.
2. Headphones.
3. Verified PayPal account.
4. Internet connection.
5. Good understanding of English, as Scribie only handles English at the moment.
6. Ability to understand context, identify and correct errors.
7. Register on the site and pass the test.

Here are the steps to follow to register with Scribie and pass the test:

Visit the Scribie registration page.

Fill out the registration form with the required information, such as your name, email, phone number, and password.

To activate your account, confirm your email address through the link that the site sends to your email.

Link your account to your PayPal account to receive funds.

Before starting the test, read the Scribie transcription instructions.

3. TranscribeMe

Our third site on this list is TranscribeMe, the site is popular and will enable you to increase your profits because the profit rate on the site is high and greater than any other website rate.

Where you can earn between $ 15 to $ 25 for an hour of audio transcription, and your profits may reach $ 250 per month.

But as a beginner, you will have less chance of earning this amount, especially at the beginning, but in general you will need to pass the test first before you start profiting from the Internet and work in transcribing and on site.

Registering on this platform is easy, and you can register in a few minutes after that, access the test page, and when you pass it and you are accepted, you will start working directly.

By the way, you should know that you have only two attempts to pass the test, and if you fail, you have to wait 30 days in order to try again.

4.Rev

It was founded by five people from the Macintosh Institute of Technology, and their goal was to build a platform and site that enables freelancers and freelancers to communicate with clients comfortably, easily, without obstacles, and provide fast services at reasonable prices.

In order to register on the site, it will not take you more than 10 minutes to register and start passing the test, as you will be tested in English in the first part, while in the second part you will be given an audio file of 3 minutes that you must transcribe.

Note: Unfortunately, the site does not accept all countries, it only accepts Australia, Canada, Ireland, Mexico, the Netherlands, New Zealand, South Africa, the United Kingdom, Northern Ireland, and the United States.

5. Castingwords

Castingwords is one of the famous sites that will enable you to get good profits through transcribing, what distinguishes this site is that it supports beginners greatly, unlike other sites.

When thinking of starting transcribing as a beginner, I highly recommend this site.

As for the registration steps, it is simple and intuitive, as you can easily register on the site and fill in the registration form with the appropriate information. After that, you can pass the test and when you will be accepted, you will be able to start earning money from transcription.

You can earn as little as $0.50 for every audio minute you stream.

Tools you will need for transcription

Any field of making money from the Internet will need tools from you in order to achieve the most profits in an easy way, as well as the field of audio transcription, and among these tools are the following:

1. Foot pedal: It may seem strange, but this tool will help you improve your speed at work, because it will allow you to control the pause and play of video or audio files through your leg. I recommend WAVpedal 7, which will allow you to pause and play audio files with your foot.

Some popular brands selling foot pedals:

• FootContro
• Infinity USB foot pedals

2. oTranscribe: It is a popular free tool, which is used by many transcribers, as the tool allows you to control the transcription of sound from the keyboard while working in a text window.

This tool will save you a lot of time, and I highly recommend it.

3. Audio conversion software: You can use audio conversion software or switch the format of the audio file. If the audio file is in MP3 format, you can change it to M4A and so on.

4. Video conversion software: There are many online video converter programs that can be downloaded for free in order to convert any video file into an audio file.

5. Grammarly: The most popular tool of all, it is a great tool that will enable you to correct spelling errors with ease and ease.

Inevitably, you can learn more topics related to profit from the Internet and making money from the Internet, so I advise you to visit our blog floormatsnmore.