Pricing your linguistic services
Pricing is a hot topic usually not discussed while studying translation or other linguistic specialisations at universities or other institutions, but it is essential to your business. Your pricing depends on your desired income and the market rates. Thus, you need to apply a golden rule to balance these two factors.
Learn how to set your prices for the linguistic services you provide, taking into consideration the type of client, the competition and the respective market. Learn what discounts and payment terms your clients might expect and create rate cards that provide your clients with a clear overview of your pricing policy and payment terms.
Who is this course for?
This course is for new linguists who need a helping hand in determining their pricing policy and payment terms. It describes the main client types and the respective characteristics you should consider when setting your rates. In addition, it provides you with resources where you can see what others charge in your language combination.
What will I learn?
During this course, you will learn: