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  1. #1
    Translation Link's Avatar
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    Lightbulb Research/What do YOU think!

    Hello, I hope to get your opinions on this. I am in the process of launching a media business that concentrates in bilingual translations. In otherwords not only do we create advertisements but we translate them into Spanish as well. I could market myself as just a media designer, but I think it would set me apart and take advertising for business onto a broader market and reach more people. Since the Latin population is on the rise I thought it would be the suitable next step. So my question is, "as emerging entrepreneurs, would this be something your business would profit from"? Why's and why not's.

    Regards,
    Link

  2. #2
    akula's Avatar
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    no...I know a lot of guys under 30 with startup companies. Sure, the spanish speaking world is a huge market, but I don't know any body who is at the stage in the business life cycle to be able to consider serious international expansion. (i.e. most small/micro businesses would be too small to really benefit from making theirs a bilingual business)

    to correct the problem, I'd warn you to be a lot more specialised in your target market..like our other forum member, who is also in spanish translation, and who is due for much success

    err....is what I'm saying sort of coherent?
    Last edited by akula; 07-26-2007 at 11:03 AM.

  3. #3
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    I agree with that. Nailing down a more specific target market would be a really really good idea. Would bode for faster expansion.
    Rafferty Pendery
    Founder and CEO Studio98, online marketing company and SendArticles.com, article submission service.




  4. #4
    ruskoz is offline Junior Member
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    Quote Originally Posted by Translation Link View Post
    Hello, I hope to get your opinions on this. I am in the process of launching a media business that concentrates in bilingual translations. In otherwords not only do we create advertisements but we translate them into Spanish as well. I could market myself as just a media designer, but I think it would set me apart and take advertising for business onto a broader market and reach more people. Since the Latin population is on the rise I thought it would be the suitable next step. So my question is, "as emerging entrepreneurs, would this be something your business would profit from"? Why's and why not's.

    Regards,
    Link
    Hi Lucida, Im currently working on a very large scale business model that has a interest in reaching the globe market place. However, my best guess projections of using such valuable resources for such an expansion are 2.5 - 3 years away if all goes well within the funding stage. I do see the potential of what your service can do if you target the right client and/or partnership.

    Your idea is big and i like big ideas. It is also forward thinking and has many challenges and needs the greatest of passion to pull it off. I have learned this over the last 5-6 months as I'm starting to move my vision out of the concept stage into the funding stage. If you want, pm me and we can toss a few thing around.

    Until next time think big!
    Last edited by ruskoz; 07-26-2007 at 02:12 PM.

  5. #5
    Translation Link's Avatar
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    Smile

    My target business will be in California,Texas, New Mexico, Florida(mainly areas where the latin population is prominent. Also, Latin business that are looking to crossover into America. I live in Texas and almost all of my freelance design jobs have included some kind of translation. I'm sure location is what will determine the success of my business the most. I understand that I prob. wouldn't do very well in Australia though. I really believe that business that are trying to grow here in Texas (which is what every business wants) would prob. want/need to tap into that Market. I could give statistics, but my goal here is to figure out what types/form/size & Shape of business would profit best from translations. In otherwords I'm asking "what does my target market sell?", "What kind of services do they provide?" Don't worry this is not my only outlet for research, but it's nice getting input from the next generation of business owners.

    Thanx for the comments,
    Link
    Last edited by Translation Link; 07-27-2007 at 10:09 AM.

  6. #6
    akula's Avatar
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    Quote Originally Posted by Translation Link View Post
    In otherwords I'm asking "what does my target market sell?", "What kind of services do they provide?"
    Link
    dude, read the post

    your best bet are government services who must deal with large numbers of Spanish speakers: hospitals, immigration, welfare, police, schools - these are all places who have the budget, the scale and the infrastructure to place large orders for your services

    the point is, demand for translation services in the public sector is legislated. as a matter policy, governments want their teachers, cops, doctors and clerks to have a minimum proficiency in the language
    Last edited by akula; 07-27-2007 at 10:25 AM.

  7. #7
    ruskoz is offline Junior Member
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    If the service will take a finished site and its text data and break it down and translate it into another language, I can see a couple of other uses...think bigger.

  8. #8
    Translation Link's Avatar
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    Yes, I'm veresed in XHTML, and I can find my way around other coding, so it is possible to translate sites as well. And on the subject of services, I have a contact with an Immigration Lawyer in El Paso, TX and plan to do business with her. Well she is my sister, Tee hee! These are all very good ideas.

    Thanx,
    Link

  9. #9
    vince_juv's Avatar
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    Thumbs up Interesting

    Quote Originally Posted by Translation Link;
    Hello, I hope to get your opinions on this. I am in the process of launching a media business that concentrates in bilingual translations.

    Regards,
    Link
    Hello Lucida, great, that's fantastic, pretty interesting. Yeah, why not, I'm pretty sure that will click..
    You Won The Bid Ltd

    "Turning every day people into eBay Magicians"

  10. #10
    David Rocci is offline Moderator
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    akula mentioned going global but I didn't see where in Link's initial posting he mentioned anything about going global. Catering any business or product to the hispanic market is a very smart move. In many markets, the spanish speakers are coming to us - we don't have to go far to find them.

    I've in week 6 of a 20 week program to make my Liberty Tax office a certified hispanic office. Right now only a fraction of my business (2-3&#37 is hispanic but the spanish speaking population is growing exponentially around me.

    I agree with the other suggestions that specialization is important. Capturing the nuances of a marketing concept during the translation can be very important. And the better you understand a niche market, the better suited you are to cater to them.

    -dr

  11. #11
    Translation Link's Avatar
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    Not so glabal yet. Maybe later on when I'm a little bit more established and stable. I am just going to concentrate on California, Texas, New Mexico, and Florida for now. These are the areas where Hispanics are prominent. Now I would be more than happy to do business with other areas, but these are my main locations. I am also considering translating Spanish into English. I will be going to El Paso and Mexico in September to further scope out this idea. I also thought it would be helpful to get a feel for the advertising culture in Mexico. Does anyone know about advertising culture in Mexico?
    Last edited by Translation Link; 07-31-2007 at 09:59 AM.

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