FAQ for Transcription Business Opportunity

How long have Global Marketing Resources been in business?

• We have been in the internet & traditional marketing consulting business since January 2001.
• We started offering website design services since January 2004.

You claim that I can manage transcriptionists spread all over the world (they just need internet access) to get my transcription job done through outsourcing. How is that done?

• You can add a list of transcriptionists in your system. When a job is uploaded, you just assign it to a particular transcriptionist. They system will email details of the job, with a link to download the file for transcription, to the transcriptionist.
• Transcriptionist can transcribe the file and upload the document in the system.
• You will have access to all files, but a transcriptionist can only see file(s) assigned to them.

What kind of marketing support do you offer?

• We start you with over $1,000 worth of marketing programs –

• One year of free advertisement in up to five states on www.transcriptionvendors.com, a website where customers go to find transcription service providers. The regular cost of advertising would be $500.
• Free setup your pay-per-click ads of your transcription website in Google & Yahoo; a $575 value.
• You decide your pay-per-click budget. We suggest that you start with $300 per month budget, and increase or decrease depending on your work load. You will be paying the actual cost of pay-per-click advertising.

Who owns the transcription website?

• You own it if you have purchased the website, and
• GMR owns it if you have leased the website.

Why should I pay $100 per month for the transcription website hosting after I have purchased the website? I thought website hosting costs around $10 per month.?

• Well, we do more than just website hosting; we maintain your transcription website for you and make sure that everything is working on your transcription website.
• We will promptly fix any problem that you may encounter with your transcription website.
• You may choose to not use our service; but here are reasons why you may want to use the maintenance service:

• Your website will be fairly complex and requires database management on an ongoing basis. Unless you or your company has a diversified IT support, you will find the $100 cost a huge bargain.
• We will insert codes for tracking conversion on your website for advertising at Google & Yahoo.
• We will give you a tool to track visits to your website so that you can analyze your business.
• The hosting cost will be higher than $10 because of the database requirements and high bandwidth required for uploading files.
• The website maintenance service includes making changes inn your content. For example – you may want to update testimonials, clients etc. on your website regularly.

What happens if I lease the website and marketing program and do not like managing transcription business?

• We ask you to commit for a minimum six months lease. You can cancel anytime after that. We will simply turnoff the website and stop all advertisement. However, you will find that your transcription website enables you to easily outsource your work to other transcriptionists if you decide not to transcribe documents yourself.

What is the guarantee that your program will generate enough revenue to pay for the leasing fee?

• We cannot guarantee anything, except that your transcription website would function as promised and that our marketing program is proven to generate inquiries from prospects who want to get transcription done. Generally speaking, the number of inquiry you get would depend on your pricing, but you will get projects based on your experience & promise (guarantee delivery time, accuracy, etc.)
• Your own transcription website enables you to spread the word about your business through your network of professionals by adding your transcription website address on your business card and promotion materials.

How many transcription businesses are using your website and marketing program?

• Over half dozen.

What sort of transcription work is best suited for the GMR turnkey transcription business program?

• The ideal transcription projects are legal transcription, psychiatrists sessions transcription, psychologists sessions transcription, transcription of lectures by professors, business meetings transcription, transcription of sermons by preachers, focus group meetings transcription for market researchers, transcription of conferences, seminars transcription; and selective medical transcription.

Why is medical transcription selective only? Isn’t it the biggest chunk of the transcription work?

• It is true that the program is best suited for non-medical transcription. Here is why;

• Medical transcription area is qualified because the transcription website works for digital recordings .While physicians have started using digital recording; in which case the transcription website will work perfect; a majority of recording for medical transcription is done over the phone. We can design a separate website for you (additional cost) where physicians can call and dictate.
• While medical transcription is the largest segment of transcription work, non-medical transcription requirements are increasing fast. Moreover, overseas companies from the third world countries have stepped in the medical transcription segment aggressively, and have effectively dropped the rates dramatically. You may need to charge third world prices to compete in this segment.

How long would it take to start the program after I sign up?

• Your transcription website will be up within three weeks of getting all information from you (about you, contact info, your area of expertise, etc.)
• Marketing program will be launched within a week of the completion of your website.

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