We recently interviewed DoughChest.com to learn more about this penny auction site. Have you bid at DoughChest? If so we want to hear about your experiences. DoughChest launched in June of 2013 and they currently offer $15 gift cards to retailers such as Target and Amazon.com.
Penny Auction Watch: What got you interested in the entertainment shopping industry?
DoughChest: The entertainment shopping industry has always fascinated me, and, given the number of fraudulent entertainment shopping websites around today, I wanted to create a clear, transparent alternative.
Penny Auction Watch: What sets you apart from other penny auction sites?
DoughChest: DoughChest offers three unique auction types, two of which—Flash Auctions and Secret Ceiling Auctions—have free bidding beyond a set reserve price.
Penny Auction Watch: Can you tell us about some of the items that you offer/have lined up? Do your auctions run on a schedule?
DoughChest: We sell many items, including gift cards and iPods. We try to always have at least three auctions running at a time—this number will increase as the website grows. We also run Classic Auctions—typical penny auctions without reserves—multiple times a week.
Penny Auction Watch: What are the timer increments between bids and does this vary by auction?
DoughChest: Each of our three unique auction types has a different timer increment.
Flash Auctions only have a timer after the reserve is met—when bidding is free. The timing increment then starts at 20 seconds and goes down by a second for every 50 bids that are placed. However the timer increment is not allowed to go less than 2 seconds.
Classic Auctions however—as the name suggests—have a constant timing increment of 15 seconds and have no reserve period.
Penny Auction Watch: How much are your bids?
DoughChest: Bids cost around $1 per bid—however we frequently offer specials. Also, two of our auction types have periods of free bidding.
Penny Auction Watch: What are your shipping costs? How long does it usually take for users to receive their items?
DoughChest: We often sell products such as online gift cards that do not have any shipping costs. When there is shipping on a physical item, we always keep the costs as low as possible. We always ship products within two days of payment.
Penny Auction Watch: What states/countries are you open to?
DoughChest: We operate only in US dollars and most of our customers are US-based. However we will ship to most countries for an additional shipping fee.
Penny Auction Watch: Is there anything else that you would like to share with Penny Auction Watch readers?
DoughChest: Join DoughChest and get 2 free bids! We also often give out additional free bids, so be sure to subscribe to our email list and like our Facebook page.
Join us in the Penny Auction Watch forum and discuss your experiences with DoughChest and all other penny auction sites!
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