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In this video tutorial, Erin from TechSmith demonstrates how to extract text from images, PDFs, screenshots, or scanned documents using Snagit. To start, switch to the image tab in the Snagit capture window and select "grab text" from the dropdown. Click the Capture button and highlight the text you want to extract. Snagit utilizes Optical Character Recognition (OCR) to identify and capture visible text on your screen. After capturing, a box appears with the text ready for copying and pasting. If you have previously created an image without using "Grab Text," you can still take a picture of the printed document or scan it to obtain a digital copy for text extraction.