First login to your Google Drive and then upload your video or drag it on top of your Google Drive window in your web browser. (This works best with Google Chrome!) After your video has fully uploaded, double click the video file in Drive to open it.
Once your video is open, click the Open selection window just above your video. Select Video Converter in the Suggested Apps list and that website will open up.
The website will open with your selected video already entered for conversion. In the second section, you can select the converted file format, resolution quality and desired file size for the end product. The third section requires nothing more than clicking the Convert button.
The video will start being converted and you'll see a progress bar slide towards completion. Once done, you'll be given an option to download your converted video. Unfortunately, the 'Save to Google Drive' option didn't work in several different browsers we tried. The Download button worked flawlessly, however. Once downloaded, you can upload it back to Google Drive or YouTube for easy streaming.
What are some other reasons for converting videos in Google Drive? Share your ideas in the comments below!