Here is the presentation abstract:
Pricing is a controversial and complex subject, and it’s one that all linguists need to think about very seriously. In order to make a good living in the profession that we love, it’s essential to figure out how to price our services. It's not about the price someone tells you to charge, but rather what do you want to make and how do you get there.
The webinar will cover:
- How much do you want to make?
- Moral/ethical obligations?
- Brief overview of supply, demand and price
- The peanuts/monkeys phenomenon
- Alternatives to very low prices for newcomers to the profession
- The business case for no free translation tests
- Surcharges (weekend, 24-hour turnaround, PDF, etc.)
- Dealing with adversity
- Adjustments for inflation
2 comments:
Hi Judy,
I just "attended" your Pricing strategy webinar. Thank you very much the fun and informative presentation! I had a question that didn't fit into the short Question-Answer session at the end of the event (I bet you'd have to sit an answer questions all day, given the 100+ attendees!)
So, here it is:
You talked about rate adjustments for inflation. How do you approach this in terms of informing your clients of such an adjustment, it being effectively a rate hike? Thank you in advance for your response!
@Svetlana: thanks for your note and glad you enjoyed the presentation. I am waiting to get a transcript of all the typed questions we received during the webinar, and then I will answer them in a new blog post. Of course I will include yours so the answers are all in the same place. Does that work for you? It should be up in the next few days. Stay tuned!
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