Google Drive price cut just fucked DropBox, Box
March 13, 2014 - Tech
I’ve been on the edge of my free 15GB storage with Google Drive for the last couple months, so the news today that Google lowered their prices were well-timed.
The next step up from the free package, the 100GB plan, used to be $4.99/month, not cost-prohibitive, but at that pricepoint, it wasn’t a consideration. With today’s announcement, the 100GB drive is now just $1.99 — 60% off from the previous price point. That’s a non-closeout, closeout price.
Must be nice to be a hugely-profitable company that can afford a loss leader move like this. At $2 a month, this makes the decision to upgrade an easy decision not just for me, but millions of others. That means not looking for alternatives. Sorry Box and DropBox — this isn’t good news for you.
Under the old $4.99 plan, when I hit my limit I would have just spent an hour or so deleting large files or moving them locally.
Now because it’s a laughable $2/month, I’ll likely just sign up for more storage.