| Paid Research - Membership Required |
| Price Pressure in Language Services |
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| Keywords |
| price; pressure; language services; rates; discounts; offshore vendors; cost reduction; concessions |
Abstract |
| Historically, the price of translation has been remarkably stable. We saw this in May 2004 when we compared rates then with the historical record from 10 years prior. Last year, we observed a similar range of prices in comparison to 2004. Over the last two decades, even with the current global economic downturn, prices have stayed largely the same. This Quick Take reviews the state of pricing and the tactics that buyers use to lower the prices they pay for translation services. |
Physical Details |
| Authors: Donald A. DePalma and Nataly Kelly |
| Date: 27 July 2009 |
| Pages: 4 |
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