ProZ.com Translation Forums

Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies | Understanding price points in your field

Suzanne Deliscar — Fri, 28 Sep 2012 20:20:00 +0000

Forum: ProZ.com's Virtual Conferences
Topic: Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies
Poster: Suzanne Deliscar
Post title: Understanding price points in your field

[quote]Alex Aruj wrote:

How do you stay up-to-speed with supply of translators in your pair and field and demand for these translations?

How might price points change depending on the client or agency you are working for? [/quote]

Hello Alex:

Price points can vary depending on the demand for the language pair and specialty. In addition, some translators and interpreters who reside in countries that have a lower cost of living may offer rates that are lower than over countries that have a higher cost of living.

Pricing can also vary depending on the target market. Some industries have robust budgets that include translation procurement, while other industries may not have the same requirements for translation, and therefore not place high-value on that service.

One way to keep up with pricing trends is to attend conferences and other networking events in the translation and interpretation industry, where these issues are normally discussed.

I hope that addresses your question. Please feel free to post another question if you need further clarification.

Thank you for attending the panel discussion,

Suzanne Deliscar

Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies | Memberships in associations

Suzanne Deliscar — Thu, 27 Sep 2012 19:02:00 +0000

Forum: ProZ.com's Virtual Conferences
Topic: Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies
Poster: Suzanne Deliscar
Post title: Memberships in associations

[quote]Alla Kh wrote:

Suzanne, do you think that memberships in translator's associations and other organizations should influence translator's price policy? [/quote]

Hello Alla,

Thanks for attending the panel discussion. Memberships vary in price. If you join an organization or referral service that would require a substantial investment from you, it would be wise to calculate if you will be able to increase your business through that membership. If not, the organization is likely not suitable for you at this point and time. Keep in mind that memberships in associations should satisfy our networking, educational and business expansion needs. As such, the cost would be absorbed by the additional know-how and work you would receive through the new connections.

Suzanne Deliscar

Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies | Understanding price points in your field

Alex Aruj — Thu, 27 Sep 2012 17:06:00 +0000

Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies | Memberships in associations

Alla_K — Thu, 27 Sep 2012 14:45:00 +0000

Forum: ProZ.com's Virtual Conferences
Topic: Discussion for 2012 Freelance translator virtual conference session (2012): Panel discussion - Price point strategies
Poster: Alla_K
Post title: Memberships in associations

Suzanne, do you think that memberships in translator's associations and other organizations should influence translator's price policy?