LiquiDonate
Minimize waste, maximize giving
Description
Liquidonate is a digital platform which helps retailers sustainably manage excess inventory and facilitates donations of unsold products to nonprofits, schools, or upcyclers. The platform offers retailers matching algorithms based on inventory and customer return information, a personalized dashboard and API integration into their existing systems, tax reciept automation, negotiated shipping rates, as well as a dedicated customer support agent. By facilitating the donation of excess inventory, Liquidonate’s approach benefits both retailers, who save on disposal costs and reduce environmental harms, and non-profit recipients, who gain access to valuable resources for their programs and beneficiaries.
Business Model
LiquiDonate offers a tiered subscription model based on number of matches, visibility, reporting capabilities, and level of customization.
Risks & Limitations
- Economic downturns or changes in consumer spending habits could lead to a decrease in excess inventory, impacting donation volumes.
- Plays an intermediary role, which creates questions around marketplace vetting, fraud, logistical bottlenecks, competition or technological disruption.
Tags
Website
Location
San Francisco, CA
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