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Marketing

Dec 01 2015
Corinne McKay

How to retain freelance clients

Conventional business wisdom tells us that it’s a lot easier to retain an existing client than to find a new one. Retaining clients (as opposed to finding new ones) allows you to amortize the time you put into finding the client in the first place, the time and effort you put into learning a new client’s style preferences, terminology and payment procedures, and so on. In scanning a few articles before writing this post, I found that large corporations estimate that it costs up to five times as much to land a new client than to hold onto an existing one.

Long-term clients are also more likely to make you a true part of their team, which is always satisfying. In my mind, the only exception to the client retention rule relates to rates. If you have a salaried job and you want a 25% raise, it’s unlikely that your current job will provide that, but a new job might. Likewise, as a freelancer, you don’t want to be tied forever to the rates that your legacy clients pay; when you want to make a big income leap, you need to move on.

But let’s say that you’re mostly interested in retaining clients: other than providing them with excellent translations, here are some tips to holding onto them once you’ve landed them.

  • Send a handwritten thank-you note after you receive their payment for the first project. It doesn’t have to be gushy; just “Thank you so much for the opportunity to work together on your recent (annual report, press release, patent, etc.). I really enjoyed it, and look forward to working with you again in the future.”
  • Ask for feedback on every single job, and explain why it’s important to you. “My goal is to develop a long-term relationship with you; in order to do that, I really welcome your feedback on every translation. This is an important part of my quality process, and any feedback, even if negative, is a huge help in tailoring my translations to your needs and expectations.” Send that with the first job. Then, after every subsequent job, refer to it. “As I’ve mentioned, your feedback is always welcome and appreciated; please let me know if you have any comments on the translation.” I’ve also seen at least one freelancer who includes a link to a short, anonymous “satisfaction survey” on every invoice.
  • Send something for the winter holidays. I send a handwritten New Year’s card (you be the judge of what’s appropriate for your clients’ cultures: some may expect/welcome a “Christmas” card, others may not) to every client for whom I did even one project over the course of the past year. I send my A-list clients a tangible gift: sometimes a wreath (again, judge the cultural appropriateness), or some food that’s associated with where I live (Colorado-roasted coffee, Colorado honey, etc.).
  • Send them news items that might be of interest. This could be as simple as, “I noticed this article about changes in the US patent filing procedure and thought it might be of interest.” Or, if you want to go the whole nine yards, set up Google Alerts on your A-list clients’ names (especially if they don’t speak your target language and thus won’t notice press items that you might notice), then send them the mentions if they seem interesting.
  • Don’t nickle and dime them. This is a personal preference and applies primarily to direct clients. Personally, I prefer to charge a higher rate overall and do really small jobs for free, rather than impose a minimum charge on a client who needs 10 words translated. In general, I do not do minimum charges for direct clients if the job is under about 200 words; I just translate it for free, surmising that in the course of what the client pays me in a year, it all evens out.
  • Ask about the impact of your work. Again, this applies mainly to direct clients, but it’s a good tip for everyone. When I translate something that is intended for a specific impact or goal (university applying for international accreditation or recruiting students for a summer program, international development entity applying for a big grant, etc.), I always follow up with the client and ask about the result. Did they get the accreditation? Did the summer program fill up? Did they win the grant? This shows the client that a) I care and b) I want the translation to have the desired impact. These types of clients are investing in translation to improve something, not to maintain the status quo, so I want to know if that happened.
  • Pick up the phone. I don’t love the phone, and many of my big clients are in Europe, so the time difference is a factor. But, I find that with a client who I’ve never met in person, just being able to put a voice with an e-mail address is a huge help in personalizing the relationship. Likewise, if there is ever anything even minorly tricky that I have to work out with a client (what did they mean by “a more formal tone”?), I always call instead of e-mailing, because a sticky situation can very quickly escalate via e-mail.

Readers, any other client retention strategies to share?

Written by Corinne McKay · Categorized: Clients, Direct clients, Marketing · Tagged: client retention, how to retain freelance clients, retaining freelance clients

Nov 19 2015
Corinne McKay

Winter/Spring online courses: new format and offerings

I’m excited to announce that, subsequent to the survey that I did about a month ago, I’ve reshaped my online course offerings and the winter/spring classes are now open for registration. I’ll be offering four classes in more of a coaching group format, and instead of one major homework assignment every week, I’ll be splitting the work up into 20 “tasks of the day” (one every weekday for the four-week session) and we’ll discuss the tasks in an online discussion group (Don’t worry: not Facebook! Survey says 25% of translators will not do an online course that requires Facebook!).

Over the past two years or so, my online course sessions have continued to fill up, but fewer people have completed the weekly homework assignments, although they still reported that they got a lot out of the class. So, I’m reworking the course material into smaller chunks, and including more ways for participants to interact with each other. The coaching groups will still be limited to 10 people, still include a weekly live question and answer conference call, and still include lots of personal attention!

Here’s what’s in store for the winter/spring session. Early bird rates ($290; $15 discount for ATA members) apply through December 15, and each class runs for four weeks:

  • Getting Started as a Freelance Translator (beginning/new translators only): January 11
  • Beyond the Basics of Freelancing (experienced/established translators only): February 22
  • Marketing to Translation Agencies (all levels): March 14
  • Marketing to Direct Clients (all levels, but must have some experience in the industry): April 11

To read more about any of the courses or fill out the application form, hop on over to my website.

Written by Corinne McKay · Categorized: Classes for translators, Direct clients, Marketing · Tagged: classes for translators, marketing classes for translators, online classes for translators

Aug 21 2015
Corinne McKay

To break out of the low-rate market, change these three things

Stop me if this sounds familiar:
I really needed work, so I decided to take whatever came through the door. I decided that applying to mega-agencies/advertising on Fiverr/racing to the bottom on translation job boards was the fastest way to get full-time freelance work. But now I’m stuck; I have to translate 10-12 hours a day to earn a decent living at these rates. I can’t ever take a day off. If I get sick, I’m in danger of not being able to pay my rent, and I have no money to spend on better equipment or professional development. Low-rate work feels like a treadmill that I’ll never get off. HELP.
[Read more…] about To break out of the low-rate market, change these three things

Written by Corinne McKay · Categorized: Clients, Freelancing, Marketing, Money · Tagged: freelance mindset, freelance translation, translation, translation agencies, translation rates

Jul 10 2015
Corinne McKay

Some thoughts on translating books

Book translation has been on my radar screen lately; Eve Bodeux and I translated a novel together last year, and I’ve just finished translating another novel and a mountaineering memoir (more on these when they’re published!). Then, as if there were something in the air, a couple of readers e-mailed me questions about book translation. So, let’s have a crack at this interesting topic.

First, almost everything I know about the business of book translation, I learned from Lisa Carter. Her blog is truly a gold mine of advice for aspiring literary translators, especially those who want to make some money while they’re at it. So, for the authoritative word on literary translation, listen to Lisa! You can literally listen to her, in an interview on Tess Whitty’s podcast, which I also recommend!

The harsh reality is that unless you get in on the ground floor of the next Harry Potter series (and maybe not even then), book translation will never pay as well as commercial translation. It just won’t. Because the people who need book translations (authors and publishers) mostly earn a lot less than the people who need commercial translations. But a) if you look carefully, book translation can pay enough to be a viable addition to your commercial translation business, and b) it’s appealing for other reasons, which I’ll address later.

In my experience, there are two kinds of book translation clients: those with budgets so low that they really need a pro bono translator, and those that will pay enough to hire a professional translator. I’m assuming that you’re looking for the second kind of book translation client. If you love translating books and honestly don’t need the money, go forth and translate, because there are tons of authors out there waiting for you (and I mean that sincerely, not sarcastically).

To find decently-paying book translations I recommend a) working with self-published authors who have decent budgets, or b) contacting publishers in your target language, that publish the kinds of books you’re interested in translating. In my experience, non-fiction always pays better than fiction (simply because non-fiction books have a longer shelf life and generally sell more copies). But fiction, especially for the aforementioned self-published authors, can pay decently too. Working with self-published authors isn’t as crazy as it sounds, especially if the author is translating into a language with potentially higher sales than the original. Some authors are willing to self-fund the translation and then recoup the investment through royalties, and others are just interested in getting their book in front of a new audience. For more on working with self-published authors, see Lisa Carter’s interview with Rafa Lombardino on that very topic.

How do you find book translation clients? Of the four books I’ve translated to date, one was a referral from a colleague, one was for an author who found my website, one was through an agency, and one was through a specialized publisher that I cold-contacted (with a warm e-mail). So, just like any other kind of client, you can find book translation clients in lots of ways; but I would definitely recommend having a dedicated page for book translations on your website (here’s mine), and I would definitely recommend proactively contacting publishers that produce the kinds of books you want to translate.

So, if book translation rarely pays as well as commercial translation, what’s the appeal? Well, lots of things. Translating books is really interesting. Although I love my work, it’s rare that I would choose to read one of my commercial translations for pleasure. When I kick back and relax, I don’t crack open a report on performance-based funding of public health programs in West Africa, or a brochure to attract foreign students to a European university. I find them interesting when I translate them, but they’re not something I would read if I weren’t getting paid. But the books I’ve translated have been really, really interesting: the kind of thing I’d read for pleasure. Also, book translations are less immediately-deadline driven than most commercial translation. The books I’ve translated have taken three to five months, during which time I work completely on my own schedule; a nice alternative to 3,000 words for tomorrow. Book translations are also good for translators who want to be location-independent, for that same reason (once you sign the contract, you’re usually not in daily contact with the author or publisher).

A few caveats:
-Always get a deposit; even at a lower rate than your commercial translation work, book translations are a big chunk of money and you don’t want to risk not getting paid.

-Get credit: the gold standard is your name on the cover, in the same font as the author’s; your name might be on the copyright page or somewhere else, but your name should be there somewhere (ditto for the Amazon page: you should be on there).

-Avoid work for hire (with the disclosure that I’ve done a book translation as a work for hire, so I’m talking about the ideal here, not necessarily what I always do). Work for hire, where the client owns all rights to the translation once they pay the invoice, is the norm in commercial translation. In book translation, you want to avoid it. When you own the copyright to the translation, the client can’t deny you credit for it; if they never publish the translation, go out of business, or if the translation goes out of print, you may be able to do something else with it (for example, self-publish it or shop it around to another publisher).

-Negotiate long deadlines. To me, this is the key to making book translation financially viable. I couldn’t live off book translation alone, and I don’t want to tie myself up so that I’m turning down work from my commercial translation clients. So I negotiate a deadline that allows me to fit the book in as I have time; that way I’m not putting my commercial clients on hold for three months while I work on the book.

Readers, other thoughts on translating books?

Written by Corinne McKay · Categorized: Freelancing, Marketing, Productivity · Tagged: book translation, translating books

Jun 30 2015
Corinne McKay

Multiple revenue streams, "productizing," and passive income

These topics have been on my mind lately; it’s summer, I have more time to think, and I have some airplane rides during which to listen to podcasts that are good food for thought. So here we go: a few thoughts on multiple revenue streams, “productizing,” and passive income for translators.

Way back in 2009, I wrote a post on diversifying your income through multiple revenue streams. I’m still a fan of this strategy, and when I ran my numbers for 2014, I found that my income is divided into three fairly equal pie slices: about 1/3 from working for direct clients and individuals, about 1/3 from working for agencies, and about 1/3 from teaching, consulting and book royalties. To me, this means that I’m diversified, but not too diversified. As Walt Kania observed in his post on multiple revenue streams,, “A few prongs is good. With twelve prongs you have a manure fork.” I’m happy with my three prongs, for various reasons:

  • Sometimes when one thing is down, another is up. Or you feel really jazzed by marketing one of your services, but not so much for the others. With multiple revenue streams, it’s harder to let yourself do nothing. Here’s a non-work parallel: a while back, I ran two marathons. Part of the reason the training was a grind was because it involved one thing: running. Then running some more. Later I did a couple of triathlons; it turns out that, for me at least, it’s a lot harder to talk yourself out of swimming, biking, and running, so I trained a lot more. The same is true of marketing multiple revenue streams.
  • You can experiment a little, without too much risk exposure. For example I recently launched two new online courses. I had some questions: would people sign up? Would the new courses draw students away from my existing, more expensive courses? So far the answers to these questions seem to be yes (for #1) and no (for #2), but the point is that I’m not make-or-break dependent on the classes: they’re one component of the 30% of my income that comes from teaching and writing. I translated two books this year: same deal. I couldn’t afford to just translate books, but as one component of my direct client income, it works.
  • You don’t have to deal with all of your frustrations all of the time. Every client base (direct clients, agencies, individuals, publishers, etc.) has its frustrations. Whether it’s price-sensitivity, or not knowing anything about translation, or wanting to know whether translators charge for “the little words” (an actual example!), it can be hard to stay helpful and patient all of the time, and I firmly believe you need to do that if you want to succeed as a freelancer. But with multiple revenue streams, you get to juggle your challenges around a little bit, and that helps.

Which brings us to two associated topics, “productizing” (a word I just learned!) and passive income. On a trip last week, I listened to the Smart Passive Income podcast on productizing your service-based business. Basically this involves taking one service that you offer, and creating a streamlined, repeatable way of delivering it. Productizing it (which is different than commoditizing it). For example let’s say you translate official documents: maybe you create a way that people can see a fixed price for the translation, then upload their document, then pay you, all before you ever have any contact with them. This eliminates the time you’d normally spend talking to the client about their needs, giving a quote, negotiating about the quote, settling on a price and then collecting the client’s payment. Definitely something to think about if you translate documents that lend themselves to that type of thing. Maybe this would work with patents, or real estate leases, or other kinds of documents that are relatively formulaic. The podcast episode is excellent if you’re interested in “productization.” Note that here, I’m referring to the non-translation aspects of the project (quoting, assessing the client’s needs, payment, etc), not to productizing the actual translation (don’t do that!).

Then, there’s passive income. When many people think “passive income,” they think, “making money by doing nothing.” And unless your pet is an Internet celebrity, that’s not going to happen (and actually, having an Internet celebrity pet might be a lot of work…all of that grooming!). To me, passive income means that you invest time and/or money up front, to create a product or service that then generates income with little to no additional effort. I’d put book royalties in this category: I make about $500 a month in royalties from my books for translators, with very little direct marketing. However (big however!) each book took hundreds of hours to write, edit, format and publish up front.

The takeaway: if you’d like to launch yourself into multiple revenue streams, a productized service, or a passive income stream, ask yourself…

  • What are your goals, other than making money? For example, one of my goals is to do work that is not immediately deadline-driven. My least favorite kind of work is 3,000 words due tomorrow; so my additional revenue streams let me make money on my own schedule.
  • What services do you provide that might lend themselves to productization? What steps in your current business model take a lot of time but don’t generate a lot of money, and need to be streamlined?
  • What do you like to do, but you don’t get to do that often in your regular work? For example I love translation, but I miss doing my own writing. So, write a book!
  • What service could you offer, that other translators would pay a decent amount of money for? Personalized software training? Writing their professional bio? Translating their marketing materials into their source language? Designing translator logos? When you work in an industry, you know that that industry needs…then go offer it!

Written by Corinne McKay · Categorized: Marketing, Money, Productivity · Tagged: passive income, revenue streams

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