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Would you pay a percentage of earnings for jobs from direct clients? Autor de la hebra: aabri
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aabri Local time: 21:37 italiano al inglés
I have the opportunity to work through a future platform that connects you to direct clients. Would you pay a percentage of what you earn through the platform to use it? What would you say is an acceptable amount if so? | | |
Thayenga Alemania Local time: 22:37 Miembro 2009 inglés al alemán + ...
There are dozens of such platforms who promise you the stars, rather lots of direct clients, or anything you might want to see on their homepages. These platforms are like agencies, claiming a percentage for passing jobs on to translators, usually between 1/3 to 50% of the rate they charge their clients. So you pay them for what? A vague chance to meet direct clients? To find work through them? Or, which is more likely, to fill their pouches with your money. ... See more There are dozens of such platforms who promise you the stars, rather lots of direct clients, or anything you might want to see on their homepages. These platforms are like agencies, claiming a percentage for passing jobs on to translators, usually between 1/3 to 50% of the rate they charge their clients. So you pay them for what? A vague chance to meet direct clients? To find work through them? Or, which is more likely, to fill their pouches with your money. So I assume that they have contacted you to see if they can get money from you for their future platform. Did they tell you when the platform will go live? Did they give you any information in regards to how well your business will flourish once you've signed up with them? Any information about established clients they might have? Or how they want you to pay for their "services"? If they provided you with detailed and backed up information about your future business opportunities, then the question remains, do you have to pay them first in order to get jobs/meet direct clients through them, or do they take a percentage out of your rate/total amount (and probably also a percentage from their client) once their client pays them, that is, before they pay you, having secured their "commission" first? This sounds more like they intend to become your client, in a best case scenario.
[Edited at 2018-08-27 16:04 GMT] ▲ Collapse | | |
DZiW (X) Ucrania inglés al ruso + ... depends on %% | Aug 27, 2018 |
There're rather many pay-per-use platforms, yet not so many pay-per-being-paid. Frankly, I've never seen a real mediator--with legal and financial assistance (working as an escrow), where all participants are not only verified members, but also with references (guarantors) and proven records of success. A few "free" platforms provide "free" tools (including ... See more There're rather many pay-per-use platforms, yet not so many pay-per-being-paid. Frankly, I've never seen a real mediator--with legal and financial assistance (working as an escrow), where all participants are not only verified members, but also with references (guarantors) and proven records of success. A few "free" platforms provide "free" tools (including CAT), asking some 10% in return. Not much? Once I quickly counted up that at my usual rate for a year it would cost me more than the most expensive Trados license! That's why the only very first and the most important question is: How are you different?--for translators. If you can guarantee decent rates, quality, and workload, then I would definitely consider such a proposal. However, the question #2: Why hasn't anybody done it before? and #3: Why would other refrain from copycating the know-how? ▲ Collapse | | |
Kay Denney Francia Local time: 22:37 francés al inglés
I have seven direct clients out of 12, none of which were gained through such a website. I suggest leveraging your contacts on LinkedIn to find direct clients, and networking the old-fashioned way too. One of those direct clients I met at a party, so you see it can work. | |
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Kevin Fulton Estados Unidos Local time: 16:37 alemán al inglés
I suspect that such a broker would offer ridiculously low rates in its search for end clients. The net effect would be supporting the lowering of rates, a trend well underway in this industry. The other effect would be to constrain your ability to negotiate a rate with the direct client. You would do well establishing relationships with direct clients on your own. There are a number of agencies that pay translators a reasonable rate. You're better off working for them rather than ge... See more I suspect that such a broker would offer ridiculously low rates in its search for end clients. The net effect would be supporting the lowering of rates, a trend well underway in this industry. The other effect would be to constrain your ability to negotiate a rate with the direct client. You would do well establishing relationships with direct clients on your own. There are a number of agencies that pay translators a reasonable rate. You're better off working for them rather than getting into the situation you describe. ▲ Collapse | | |
Samuel Murray Países Bajos Local time: 22:37 Miembro 2006 inglés al afrikaans + ... 10%, why not? | Aug 27, 2018 |
aabri wrote: I have the opportunity to work through a future platform that connects you to direct clients. Would you pay a percentage of what you earn through the platform to use it? What would you say is an acceptable amount if so? Well, this wouldn't be much different from what happens when you work for an agency, except that agencies are a bit more flexible with their percentages. If an agency pays you 10c per word, then you can be certain that the end-client pays the agency 15c, 25c or even 35c. So, you're already "giving away" 30%, 50% or even 75% of what the end-client is paying. In that light, paying 10% would be a bargain. | | |
Daniel Frisano Italia Local time: 22:37 Miembro 2008 inglés al italiano + ... It would be silly not to do it | Aug 27, 2018 |
In fact, as Samuel pointed out, we are already doing it, automatically and without realizing it, whenever we work for an agency. I wouldn't mind paying a 15% commission to whoever finds me a direct client, assuming that I negotiate directly with the client and send my invoices to them. Anybody wants to work for me as a sales agent, I am listening.
[Edited at 2018-08-28 09:08 GMT] | | |
Speak for yourself! | Aug 28, 2018 |
Daniel Frisano wrote: In fact, ... we are already doing it. I'm not (already selling myself short) - and I never will! | |
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jyuan_us Estados Unidos Local time: 16:37 Miembro 2005 inglés al chino + ... Your points are seconded | Aug 28, 2018 |
Kevin Fulton wrote: I suspect that such a broker would offer ridiculously low rates in its search for end clients. The net effect would be supporting the lowering of rates, a trend well underway in this industry. The other effect would be to constrain your ability to negotiate a rate with the direct client. You would do well establishing relationships with direct clients on your own. There are a number of agencies that pay translators a reasonable rate. You're better off working for them rather than getting into the situation you describe. Not a lot of serious end clients would sign up with those platforms. A question to ask yourself: would you use those platforms if you are an end client? | | |
Tom in London Reino Unido Local time: 21:37 Miembro 2008 italiano al inglés
Q. Would you pay a percentage of earnings for jobs from direct clients? A. No. | | |
Natasha Ziada (X) Australia Local time: 06:37 inglés al neerlandés + ... End client rates | Aug 28, 2018 |
Samuel Murray wrote: Well, this wouldn't be much different from what happens when you work for an agency, except that agencies are a bit more flexible with their percentages. If an agency pays you 10c per word, then you can be certain that the end-client pays the agency 15c, 25c or even 35c. So, you're already "giving away" 30%, 50% or even 75% of what the end-client is paying. In that light, paying 10% would be a bargain. Except that those clients wouldn't be paying 15c/word, let alone more. Clients are lured in with the promise of avoiding agency overhead costs so they expect to pay the 'net translator rate' of 10c/word (max). You'd lose out on two fronts - not having the benefits of working with an agency (yes, the good ones do offer benefits) but not getting direct client rates either. | | |
Enough middle persons already | Aug 28, 2018 |
Why shall we tolerate even more parasites in the translation supply chain? As if translation agencies with their ignorant* business persons were not enough… They are so reluctant to discuss quality issues with the end client; they just want to receive ‘something’; they only stare at Excel spreadsheets with charts or fancy intranet dashboards with all sorts of ‘analytics’. They are there only to take a piece of the pie. A piece that they do not deserve, because they are not experts in o... See more Why shall we tolerate even more parasites in the translation supply chain? As if translation agencies with their ignorant* business persons were not enough… They are so reluctant to discuss quality issues with the end client; they just want to receive ‘something’; they only stare at Excel spreadsheets with charts or fancy intranet dashboards with all sorts of ‘analytics’. They are there only to take a piece of the pie. A piece that they do not deserve, because they are not experts in our profession, in our science, in our industry. * ‘Ignorant’ here means a person without a degree in languages, linguistics, or translation. PS: Of course there are exceptions to the rule, and I am lucky to work with some brilliant project managers, who are both focused on quality and knowledgeable about language and translation.
[Edited at 2018-08-28 10:28 GMT] ▲ Collapse | |
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nordiste Francia Local time: 22:37 inglés al francés + ... commercial prospecting = yes, use of platform = no | Aug 28, 2018 |
aabri wrote: ... Would you pay a percentage of what you earn through the platform to use it? No, I would not pay anything to USE any platform. If a sales person can find real clienst for me - I mean clients who are willing to pay for my translations services in my langages pairs and domains of expertise - then I would certainly consider paying a % to the agent when the job is secured. This sort of thing exist in many businesses but rather based on personal contact between sales person and potential client. The sales agent has to be proactiv in looking for clients, this is called commercial prospecting. | | |
aabri Local time: 21:37 italiano al inglés PERSONA QUE INICIÓ LA HEBRA That is essentially what it is | Aug 28, 2018 |
nordiste wrote: aabri wrote: ... Would you pay a percentage of what you earn through the platform to use it? No, I would not pay anything to USE any platform. If a sales person can find real clienst for me - I mean clients who are willing to pay for my translations services in my langages pairs and domains of expertise - then I would certainly consider paying a % to the agent when the job is secured. This sort of thing exist in many businesses but rather based on personal contact between sales person and potential client. The sales agent has to be proactiv in looking for clients, this is called commercial prospecting. That is essentially the proposal. You get jobs, you get paid and the platform takes a % of that money. | | |
aabri wrote: Would you pay a percentage of what you earn through the platform to use it? Yes, I agree: once I have earned my money, I would be willing to pay a small percentage as a fee to the platform. (Having said that, in most platforms you pay to have the **chance** of getting work which ultimately never comes, and there is the trick: you pay even if you make no money at all.) | | |
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