4

Ring announces new features, raises its basic subscription price for the first t...

 1 year ago
source link: https://finance.yahoo.com/news/ring-announces-features-raises-basic-152552344.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Ring announces new features, raises its basic subscription price for the first time since 2015

Lauren Forristal
Sat, June 4, 2022, 12:25 AM·2 min read

Ring announced new features for its Ring Protect Basic plan, such as more alert options, exclusive discounts (10%), up to 50 video downloads (up from 20) and 180 days of video (up from 60), plus a ton of “coming soon” features (smart alerts for cars, animals, alerts for breaking glass and open doors). However, with these new upgrades, the price of the Protect Basic plan is increasing starting in July to $3.99 a month or $39.99 a year in the U.S.

Ring shared the news in a surprising note this week, sharing that existing customers will see the new features on July 1, and will experience the price jump whenever their subscription renews.

4e02df441ca7a9f02ade012d80d883fb

Image Credits: Ring

Ring's cheapest security camera subscription plan was introduced in 2015 and has stayed flat at $3 per month ever since (well, until this week). The 99-cent increase has some users understandably aggravated, especially those who don’t care for the new features.

Just had the email from @ring telling of a 40% price increase for a pointless additional service that residential doorbell owners just don’t need. Will also be cancelling asap. Well played! 🙄

— Kelly (@Ke11yJ) June 1, 2022

@ring just cancelled subscription due to price increase. Shame, the increase suggests improvements but it should only happen when customers renew. Not mid contract.

— Wally (@wally6375) June 2, 2022

Basic plan subscribers who own more than one device will also be annoyed because if you have the Basic plan and own two or three devices (doorbell, nursery camera, in-home drone, etc.), you will now be asked to pay another $20 or $30 a year. Some subscribers used to get around the second-tier cost by tripling subscriptions to cover each camera, which would only bring their monthly fees to about $9/month or $90/year for three separate cameras.


About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK