| User | Thread poster: Fredrik Pettersson Profile Updater/Financial/Default rate per word: What does 'target' mean? |
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Fredrik Pettersson 
China
Local time: 18:35
 Member (Jun 2009)
English to Chinese
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Profile Updater/Financial/Default rate per word: What does 'target' mean?
I understand 'Minimum' perfectly well: the minimum rate I can accept for a translation job.
But what is 'Target'?
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Csaba Ban
Hungary
Local time: 11:35
 Member (2002)
English to Hungarian
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| | expected or ideal rate | Jul 4 |
expected or ideal rate
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Peter Linton
United Kingdom
Local time: 10:35
Member (2002)
Swedish to English
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Quoting a "target rate" to a customer service two purposes:
1. It indicates roughly the price range you are offering. It is also your default rate. This quickly eliminates customers looking for much lower prices.
2. it indicates to the customer that there is scope for negotiation, whether upwards for a specialist translation or downwards. Only quote a target rate if you are willing to negotiate the price.
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