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.

Here are some tips to holding onto them once you’ve landed them. Read more

Source:  Thoughts on Translation