The Price of Revision: Factors and Strategies for Charging Clients

Vanessa

Hatched by Vanessa

Mar 30, 2024

3 min read

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The Price of Revision: Factors and Strategies for Charging Clients

Introduction:
When it comes to the pricing of revision services, several factors need to be considered. The extent of changes required, the urgency of the client, and the length of the revised text all play a significant role in determining the cost. In this article, we will explore the various factors that influence pricing and provide actionable advice for professionals in the field.

Factors Affecting the Price of Revision:

  1. Degree of Alterations:
    The level of changes needed in a document is a crucial factor in determining the price. Extensive revisions that require significant rewriting or restructuring generally warrant a higher price. On the other hand, minor edits and proofreading tasks may be charged at a lower rate. It is essential for revision professionals to assess the level of work involved and communicate it clearly to clients.

  2. Length of the Revised Text:
    The length of the text being revised also affects the pricing. Traditionally, professionals charge per page, per lauda, or per word revised. A lauda typically consists of 30 lines with up to 70 characters per line (including spaces), equivalent to approximately 2,100 characters per page. As the number of laudas increases, it is common for the price per lauda to decrease. For instance, 01 to 49 laudas may be priced at R$ 5.00-R$ 10.00, while 50 to 99 laudas could cost R$ 4.50-R$ 9.00. For projects exceeding 100 laudas, the price range may fall between R$ 4.00 and R$ 8.00.

  3. Urgency of the Client:
    The urgency of the client in terms of the revision deadline can also impact the price. Rush orders often demand higher charges due to the need for immediate attention and potential disruption of a revision professional's existing schedule. It is important to establish clear communication with clients regarding turnaround time expectations and negotiate pricing accordingly.

Strategies for Charging Clients:

  1. Refer to Industry Standards:
    To ensure fair pricing, it can be helpful to refer to industry standards and guides provided by professional organizations. The Sindicato Nacional dos Tradutores (Sintra) offers a reference table on their website, which can serve as a useful resource for revision professionals. While it is essential to consider individual circumstances and adjust pricing accordingly, having a benchmark can help maintain transparency and avoid overcharging or undervaluing services.

  2. Consider Collaboration with Translators:
    In cases where revision work involves translations or versions, a common practice is to charge 50% of the amount a translator would receive for the same project. This approach considers the additional effort required to review and refine existing content. Professionals often request a partial payment upfront and settle the remaining amount upon the delivery of the final revised version. It is advisable to establish clear payment terms and be cautious of potential scams or fraudulent clients.

  3. Flexible Payment Options:
    While it is important to establish a fair pricing structure, offering flexible payment options can be advantageous. Depending on the overall cost, professionals can explore alternative payment arrangements or installment plans. However, it is crucial to maintain caution and ensure that the agreed-upon terms are reasonable and protect both parties' interests.

Conclusion:
Pricing revision services involves considering various factors such as the extent of alterations, the length of the text, and the urgency of the client. By assessing these elements and referring to industry standards, professionals can establish fair pricing structures. Communication with clients regarding turnaround time expectations and offering flexible payment options can further enhance client satisfaction. Ultimately, maintaining transparency and professionalism in pricing practices is vital for a successful revision business.

Actionable Advice:

  1. Evaluate the level of alterations required in a document to determine an appropriate pricing structure.
  2. Refer to industry standards and professional organization guidelines to ensure fair pricing.
  3. Communicate clearly with clients about turnaround time expectations and consider offering flexible payment options to enhance client satisfaction.

Sources

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