Freelancers often set their rates based on costs and competition. Then they wonder why they aren’t making ends meet. What they failed to consider is how their services fit into the economy.
Attend this 60-minute webinar to gain an understanding of why market forces affect what translators and interpreters can charge and how to use this information when pricing services.
What Will You Learn?
- Why value and marginal utility matter to translators and interpreters
- How a competitive market affects and controls pricing
- The roles of scarcity and demand in language services
- How prices for language services are determined
- What individuals can do to influence the prices that they charge
In compliance with U.S. anti-trust law, no specific rate recommendations will be made during the webinar.
About the Presenter
John M. Milan is an ATA-certified translator, economist, writer, and lecturer with over 20 years of experience in language services.
He holds a Master of Science in Microeconomics from the Ohio State University, where he was a Foreign Language and Area Studies (FLAS) fellow, concomitantly specializing in Portuguese translation during his graduate studies. He also holds degrees in International Political Economy and Spanish from Indiana University and studied abroad in Madrid, Spain, as an undergraduate.
John has been actively involved in the Carolina Association of Translators and Interpreters (CATI) for over 10 years. He was on the Board of Directors for eight years and served as president from 2013-2016.
From 1996 to 2005, John was based in São Paulo, Brazil, lecturing as an adjunct professor of economics at a local university, while also working as a freelance translator and consultant.
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