When companies look for translation companies, they usually focus on the price first to determine whether to cooperate. However, the quotation factors of each translation company vary greatly. So what factors affect the quotation of translation companies?
1. Service type: Depending on the type of translation service, the translation quotation method will be different. There are usually three methods: charging by word, charging by page/copy, and charging by item. For example, for document translation, the translation fee is usually calculated according to the number of words in the document. For document translation, such as work certificate, graduation certificate, business license, etc., it is usually quoted by page or per copy, and the market price is generally between one and two hundred yuan per copy.
2. Importance of the document: The price of translation is often related to the importance of the document. For documents involving privacy or high importance, the translation company may require the signing of a confidentiality agreement, which may affect the quotation. This confidentiality responsibility is a key factor in third-party services, and if it is not properly taken into account, it may lead to unpredictable consequences.
3. Time requirements: The price of translation is also related to the completion time. For projects that need to be completed urgently, translation companies usually charge higher fees. The company will arrange a dedicated person to record customer needs in advance and inform management, and arrange working hours reasonably to ensure that the task is completed on time. Expedited projects may require additional overtime, and overtime fees will be paid accordingly.
4. Market demand: Translation prices are affected by market demand. The price of high-quality translation services is higher, but the quality is guaranteed. Fluctuations in market demand will also affect the rationality of prices. As more and more individual translators enter the market, the price of translation services is gradually becoming more affordable, but the quality and service level are also different.
5. Language type: Translation prices for different languages are also different. For example, English to Chinese is relatively simple, so the price is more affordable; while Chinese to English faces grammatical and semantic challenges, so the price may be higher. The polysemous phrases and special phrases unique to Chinese make Chinese to English translation more difficult, which is reflected in the price difference.
When choosing a translation company, understanding these factors can help you understand the logic behind different quotes, so as to better select a translation company with high cost performance.
