14 Ways to Make Money by Transcribing Your Audio & Video Content

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1 14 Ways to Make Money by Transcribing Your Audio & Video Content Multimedia content like audio and video continues to grow in popularity. It s easy to view and share that content on mobile devices and it helps reach new prospects. But we re not here to tout the virtues of audio and video content. You probably already know how beneficial it can be for your business, and perhaps you ve explored the many ways you can use transcription to drive traffic, boost awareness and credibility and provide value to your prospects. What you may not know is that by transcribing your audio and video content you can make money. A simple transcription can generate profits in a number of different ways. That s what this report is about making money! In this report we take a look at two possibilities using pure transcription and repurposed transcription. Repurposed transcription is when you create articles, blog posts, reports and other written content from the transcribed content. You can make money through affiliate sales, advertising, and you can earn direct profits but it all begins by having your audio and video content transcribed. Let s take a look at the possibilities!

2 Advertising Revenue Ideas 1. AdSense Earnings from Pure Transcription If you re publishing audio or video content on your website or blog, add the transcription of the audio or video to the post as well. This helps ensure the content reaches all of your prospects and visitors (because some people just won t click on a video or audio file). It s also easy to add AdSense ads in the body of the transcribed content. You can then earn revenue each time a reader clicks on an ad. 2. AdSense from Articles and Blog Posts It s easy to turn a transcribed audio or video into search engine optimized articles and blog content. You can then add your AdSense code to that content to generate relevant ads and income. 3. Sell Ad Space In Your Newsletter You can also turn your transcribed content into content for newsletters and ezines. Many marketers are now buying ad space in newsletters that have a large mailing list or that reach a highly targeted niche audience. This idea works particularly well if you have a regular podcast because you can then turn your podcast into a regular newsletter that offers additional value. Affiliate Income Ideas 4. Newsletter Content We just mentioned creating newsletter content from transcription in #3, above. If selling advertising isn t your preferred monetization method you can add affiliate links to your newsletter content and earn money from commissions. 5. Freebies, Reports, and Easy Downloads Use your transcription to create reports, blueprints, or even checklists that your audience can download for free. You can then add affiliate links to that free content and earn commissions. 6. Pure Transcription Believe it or not, your audience is a huge fan of pure transcription. By pure transcription we mean that nothing has been changed. It s a verbatim or cleaned up version of the audio or video content. Why do they love pure transcription?

3 They have every single audio and/or video you ve ever created and they ve listened to exactly two of them - they re busy. Devoted but busy. Transcription means they can digest the information right away. They learn better when they re able to both read and hear your information. They don t miss out on your specials and promotions. I can t tell you how many promotional offers I ve missed out on because I ve listened to an audio after the promo was over. Don t let this happen to your customers or prospects. Help them by publishing transcriptions. Pure Profits Publish the pure transcription and include affiliate links (where relevant) to generate commissions and help your audience receive the full value of your content. 7. Newsletter Subscriptions Profit by selling subscriptions! Depending on your niche you might be able to sell a subscription-based newsletter or magazine. You can use transcription to create content for your premium newsletter. 8. Membership Profits Membership sites are a wonderful way to create income. You can create a membership site with multiple levels of membership, or you can create a one size fits all membership program. One of the features of your membership program can be weekly or monthly videos along with the full transcript. 9. Teleseminars You can create a workshop or seminar from the transcript and sell admissions to the event. Transcripts are fantastic resources for creating scripts and workshop outlines. 10. Product or Promotion Launch Simply offer a pure transcription to help all of your prospects access the information and use the transcript to promote an upcoming launch or special offer use the transcription to boost awareness and profits.

4 11. Information Product Profits Information products are still in high demand, so as digital publishing continues to grow you can easily create an info product from your transcription and sell it at Amazon and other ebook retailers. Whether you collect a book of expert interviews or you create chapters from your transcribed audio or video content, transcription can be an excellent way to create information products. Ebooks aren t the only information product option either. You can also create home study courses, workbooks and other educational products. 12. Sell Reprint Rights You can sell the reprint rights to your transcripts or content created from transcripts and earn income. 13. Syndicate Syndicate your newsletter content and allow others to reprint it provided they keep the links intact. Then make sure you include links to your sales page and earn click through sales. 14. Affiliate Tools Provide transcription or repurposed transcription content to your affiliates. Help them promote your products and services. The Next Steps. Step #1 Brainstorm Now that you have a few income generating options in mind, start taking a look at the possibilities. What existing audio and video content do you have? How could you monetize the transcription to generate profits right away? What audio and video content could you create to offer value to your prospects and customers? How can you monetize the transcription of that content? Remember there are two ways to approach and use transcription pure transcription and repurposed transcription. Step #2 Gather Your Existing Audio and Video Content If you already have multimedia content, gather it up and start planning how you re going to profit from it. For example, if you have a series of interviews on a niche topic and you have a few affiliate links that match the topic then you might create a free report from the

5 transcribed interviews and include affiliate links. Give the report away for free and watch the commissions come in! Step #3 Have Your Content Transcribed The third and final step is to have your content transcribed. The first option is to do it yourself. There are transcription software products available online. The general rule of thumb is that it takes one hour to transcribe about 15 minutes of speaking. This is why so many people choose option two outsource your transcription! It is time consuming and for most people it just isn t much fun. How to Get Transcription Help We re Alice Seba and Annette Elton from AllCustomContent.com and we ve been helping clients with their transcription needs since We understand the boost transcription can provide to just about any business. And because of that, we are happy to share plenty of ideas, monetization strategies and ideas with you in this guide. If you need professional transcriptions created for you, we are always happy to help. We can assist you with one-time transcription projects or if you require ongoing transcription, consider joining our monthly savings program. Whatever service you choose, we can also help you repurpose the content into a variety of types of content. Whether you need an ebook, checklist, workbook or other type of content, let us give you a hand to boost the value of your information product, expand your reach and more.

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