Every response in this thread is for some reason just plain wrong to me...except for
@Peter Ngo
This is perfect.. If i were OP.. I wouldn't even bother coming on BHW.. The responses here are not helping you in any way...
Ask him to F off.. and say you are reducing prices. If he is on Fiverr report him and block him..
I hate people like him who have the audacity to message like that..and this thread is full of retarded responses even after you posted the first 2 messages..
All of em read something like: "He is not doing anything wrong", "He is right", "Win Win", "Insert another retarded response here"..
OP.. my 2 cents... Ignore everything here.. decrease prices temporarily and force him out of the market... Take his market share..Take everyone's marketshare.. increase prices back to 1.5 cents gradually..start a large company..
Dunno where you are from but a Pakistani doctor did something exactly like you did.. Hire 20 people or so and start an agency and convert speech to text transcription agency. That guy makes like 1.5 million a year in complete autopilot. I cant find link as of now but will try to find it.. You have a great idea..because in our part of the world labor cost is low.. Now edge everyone out of the market..decrease margins..improve volume and make a brand for yourself and take it to another level.
I for one..think OP is doing great. Great service as great rates. Good job mate !