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10 WAYS TO MEASURE … and 5 Ways to Measure Translation Technology ROI TRANSLATION ROI

Translation Technology ROI

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Page 1: Translation Technology ROI

10WAYS TO

MEASURE

… and 5 Ways to Measure Translation Technology ROI

TRANSLATION ROI

Page 2: Translation Technology ROI

How do you measure the value of translation?

The ROI calculation depends on what matters most

to your business. Does your company place a high

YDOXH�RQ�WUDIĺF"�2Q�FXVWRPHU�VDWLVIDFWLRQ"�2Q�PDUNHW�share? On delivering on your product roadmap?

Most companies have business goals that are

focused around just one or two main areas. Tie your

translation efforts to your business goals in order to

measure the ROI.

And, once you’ve done that, boost your ROI even

further with technology.

Read on to learn 10 ways you can measure

translation ROI, and 5 ways to measure the added

ROI from using a translation software platform.

Page 3: Translation Technology ROI

1More eyeballs

Page 4: Translation Technology ROI

To measure translation effectiveness, determine how many people were consuming a given piece of content before translation and after translation.

How many people are consuming your content?

Page 5: Translation Technology ROI

2More WUDIĺF

Page 6: Translation Technology ROI

If not, ask yourself how you’re ensuring that people can find the translated content – marketing strategies vary from

country to country and language to language.

Look at

your web analytics.

Do you see

an increase in traffic after

publishing translated content?

Page 7: Translation Technology ROI

3More downloads

Page 8: Translation Technology ROI

Simply having a localized app can boost your app store ranking, too.

For mobile apps and

downloadable assets, track

the number of downloads prior

to translating and after

translating.

Page 9: Translation Technology ROI

4More users

Page 10: Translation Technology ROI

You can definitely reach more users if you offer multiple languages.

If your business model is dependent on the

size of your community of users, this is

another key metric that translation can

influence.

Page 11: Translation Technology ROI

5More customers

Page 12: Translation Technology ROI

Is your customer base growing thanks to translation?

Track the growth of your customer base in each country, and track the languages they speak to determine if translation is having an impact.

Page 13: Translation Technology ROI

6More engagement

Page 14: Translation Technology ROI

Are you

seeing greater levels of

customer engagement due to translation?

Track your engagement levels before and after providing translated content to determine if it’s making a difference.

Page 15: Translation Technology ROI

7More satisfaction

Page 16: Translation Technology ROI

Are your customers more satisfied now that you offer content in their

languages? Most customers will be.

Measure your customer satisfaction levels before and after providing in-language

content.

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8More loyalty

Page 18: Translation Technology ROI

Gaining new

customers is one thing.

Keeping them is also

critical.

Measure your customer

retention before and after translation to see if it

PDNHV�D�GLIIHUHQFH�

Page 19: Translation Technology ROI

9More PDUNHW�share

Page 20: Translation Technology ROI

Don’t kid yourself – you can’t properly

sell into a given country without

translating into the languages your local

competitors are using to lure customers.

?How much of your total addressable PDUNHW can

you reach with and without translation?

Page 21: Translation Technology ROI

10More revenue

Page 22: Translation Technology ROI

For many businesses investing

in translation, revenue is an important consideration, but not the only one, or even the single most important one.

How much of your international or domestic multicultural revenue corresponds to translation?

Page 23: Translation Technology ROI

And… technology?A translation software platform provides a turbo-boost to your ROI.

Especially if you’re already seeing a good return on your initial investment in translation.

How? Here are

5 ways.

Page 24: Translation Technology ROI

Faster time WR�PDUNHWA translation software platform can speed up the process, to ensure that you don’t slip a release date, miss a launch, or ERWFK�WKH�FKDQFH�WR�EHDW�D�FRPSHWLWRU�WR�PDUNHW�

Page 25: Translation Technology ROI

Better focusTranslation processes can distract your employees, especially your engineering teams. Get them focused on building your business instead of getting distracted with translation minutiae.

Page 26: Translation Technology ROI

Greater controlNervous that your brand will slip out of control as it moves into QHZ�PDUNHWV"�,W�FDQ��HDVLO\��LI�\RX�GRQpW�KDYH�WHFKQRORJ\�WR�centralize your content assets into a single place.

Page 27: Translation Technology ROI

More scalabilityAfraid to add more languages or countries due to how painful the SURFHVV�FDQ�EH"�(YHQ�LI�\RX�NQRZ�LW�ZLOO�UHVXOW�LQ�PRUH�FXVWRPHUV��PDUNHW�VKDUH��WUDIĺF��DQG�VR�RQ"You can’t achieve global scale by managing translations that way.

Page 28: Translation Technology ROI

Greater HIĺFLHQF\If you’re still managing translations in spreadsheets and email, it’s slowing your company down and preventing you from reaching your full growth potential.Language isn’t the barrier. Manually managing translation is.

Page 29: Translation Technology ROI

INTERESTED IN LEARNING MORE?

CONTACT US:

+1 866.70.SMART

WWW.SMARTLING.COM

[email protected]