Retail Innovation

Transforming Excess into Impact: A Conversation with Diz Petit of LiquiDonate

As the host of Talk Commerce, I’ve had the pleasure of speaking with many innovators in the e-commerce space. Recently, I sat down with Disney Petit, the co-founder and CEO of LiquiDonate, for a fascinating discussion about sustainable social impact and the innovative ways her company is addressing excess inventory challenges.

From Postmates to Purpose-Driven Innovation

Disney’s journey is nothing short of inspiring. Before founding LiquiDonate, she was an early employee at Postmates, where she wore many hats – from customer service to sales to product management. What stood out to me was her commitment to creating products that truly served the needs of users, whether they were restaurant staff or customers.

One of Disney’s most impactful projects at Postmates was the development of food security products. She shared, “We leveraged our existing infrastructure, which was third-party food delivery, to build food security products that made a difference for people in the communities in which we lived and worked.”

This experience laid the foundation for what would become LiquiDonate, expanding the concept of matching excess resources with those in need beyond just food.

LiquiDonate: A New Approach to Excess Inventory

What struck me most about LiquiDonate’s model is its elegant simplicity in solving a complex problem. Disney explained, “We’ve built this matching software that’s able to say, okay, you want to do this return, set a pickup window for the time that you’re available to pick it up. And then our software will automatically schedule a pickup from a third-party courier service who’s able to accommodate the size of this item and deliver it directly to a nonprofit from our database.”

This approach not only benefits retailers by reducing reverse logistics costs but also ensures that usable items find their way to those who need them most, rather than ending up in landfills.

The Impact of Thoughtful Donations

During our conversation, I was particularly moved by Disney’s insights into the types of donations that make the most significant impact. She highlighted three categories:

  1. Consumer packaged goods (CPG)
  2. Furniture
  3. Shoes

As someone who has been involved in charitable work, I could immediately see the value in these categories. Disney shared a touching example: “To just see that somebody who has maybe been experiencing a difficult time in life for, you know, years to see them get their first apartment and have it furnished with furniture from Room and Board that was all donated. It’s super high-quality furniture that is going to last a long time and really provides a lot of dignity and respect for these folks to step into this new life that they have.”

Challenges and Future Goals

One of the most interesting parts of our discussion was when I asked Disney about her frustrations. She highlighted the disconnect between executive teams and warehouse managers in larger companies. This disconnect often leads to a lack of recognition of the real issues surrounding returns and excess inventory.

Looking to the future, Disney shared an ambitious goal: “We want to like be responsible for a landfill closing.” This vision of diverting so much waste that a landfill becomes unnecessary is both bold and inspiring.

The Power of Unrestricted Grants

As we wrapped up our conversation, Disney made a passionate plea for unrestricted grants to nonprofits. This resonated with me, as I’ve seen firsthand through my work with Mile in My Shoes how crucial flexibility can be for organizations doing impactful work.

Disney emphasized, “If you are considering doing a philanthropic donation of cash to a nonprofit organization, please consider doing it unrestricted because it’s really important that the people who are working at these places doing this life-changing work have access to spend the money the way that they see fit.”

What next?

My conversation with Disney Petit was a reminder of the incredible potential for technology to solve real-world problems. LiquiDonate’s innovative approach to matching excess inventory with nonprofits in need is not just good for business – it’s good for our communities and our planet.

As we continue to grapple with issues of waste and resource allocation in the e-commerce world, leaders like Disney offer a hopeful vision for the future. Her work demonstrates that with creativity, compassion, and the right technology, we can transform excess into impact.

I encourage you to listen to the full podcast episode to hear more about Disney’s journey and the inspiring work of LiquiDonate. And remember, whether you’re a business leader or an individual looking to make a difference, consider how you can support organizations like LiquiDonate in their mission to create a more sustainable and equitable world.

Redefining Retail: Recurate’s ResaleOS™ 2.0 Revolutionizes the Secondhand Market

Recurate unveils its ResaleOS™ 2.0 suite of solutions, transforming how brands approach and capitalize on the booming secondhand market. Discover the groundbreaking features that streamline resale programs and drive growth.

Talk-Commerce Akeneo Kristin Naragon

Transforming Retail through Product Experience with Kristin Naragon

The future of retail lies in delivering exceptional product experiences. That’s the key message from digital commerce expert Kristin Naragon in this insightful episode of Talk Commerce. As Chief Strategy and Marketing Officer at Akeneo, Naragon has seen firsthand how centralizing product data and incorporating AI is revolutionizing online shopping.

Key Takeaways:

  • Implementing a product information management (PIM) solution led to a 36% sales increase for Rural King and 15 minute time-to-market for Staples Canada.
  • 61% of retailers are adopting augmented reality, with some seeing conversion rates double for AR-enabled products.
  • AI can be transformative but needs human validation – incorrect product details could be dangerous.
  • A comprehensive product experience strategy requires buy-in across the c-suite, not just marketing.

About Kristin Naragon

With nearly 20 years in tech marketing, including senior roles at Akeneo and Adobe, Kristin brings a wealth of go-to-market strategy experience. As a customer-obsessed, outcomes-focused leader, she’s passionate about developing partnerships and solutions that drive business success. At Akeneo, that means delivering product experience innovation that transforms retail.

Exploring Centralized Data and AI for Next-Gen Shopping

Kristin traces the genesis of Akeneo back to a frustrating shopping experience – her husband struggling to find compatible AV equipment across various retailer sites. The problem? Inconsistent and conflicting product information stemming from decentralized data. As Kristin explains, “You can control the product information. Having that core record, categorized, cataloged, complete, enriched…that’s what Akeneo uniquely solves.”

That product record lies at the heart of Akeneo’s product experience cloud. By centralizing all product data into a PIM, retailers can distribute accurate, up-to-date listings to every touchpoint – web, mobile, print, and more. The result, as evidenced by Rural King and Staples Canada, is operational efficiency, reduced time to market, and revenue growth. “It touches every part of the business,” Naragon states.

And that was just the beginning. The launch of Akeneo’s in-platform app store unlocked innovation opportunities through 3rd party AI integrations. As Kristin explains, “We had about a dozen applications developed leveraging AI to help different parts of the product experience management process.” From onboarding data to generating descriptions and translating content, AI is transforming PIM capabilities.

Ultimately, Akeneo’s acquisition of AI startup Unifi was fueled by demand for enhanced data enrichment. But Kristin cautions AI requires oversight. “Bad product information generated from these AI models can really serve the business in a bad way,” she warns, sharing examples of incorrect phone storage stats and dangerously mixed chemical data. The solution lies in Akeneo’s workflows – “introducing a checking system with employees, humans.”

The Future of Retail Will Be Experiential

As the podcast wraps up, Kristin points to AI, AR, and the blockchain as technologies that will converge to enhance shopping dramatically. But the biggest shift must start internally. “Making product experience strategy a C-suite initiative – that’s something we’re going to be focused on,” she predicts. Because as omnichannel retail blurs lines, the brands offering the most contextual, consistent and helpful product experiences will win consumer loyalty.

In closing, Kristin perfectly captures the ethos of our digital era: “It seems so obvious, I guess. And sometimes the things that seem so obvious are often overlooked.”

Memorable Quotes

“You can control the product information. Having that core record, categorized, cataloged, complete, enriched…that’s what Akeneo uniquely solves.”

Here Kristin eloquently sums up the universal product data dilemma facing retailers – and how a properly structured PIM solves it through centralization.

“Bad product information generated from these AI models can really serve the business in a bad way.”

A stark reminder that while AI delivers efficiency, its capability to propagate nonsense means implementing guardrails is crucial.

“Making product experience strategy a C-suite initiative – that’s something we’re going to be focused on.”

This prediction underscores Kristin’s belief that optimizing product content across channels needs to become a boardroom priority to drive sales.

Tune In and Join the Product Experience Revolution

If mindset shifts, emerging technologies and real-world use cases have you rethinking your ecommerce content strategy, be sure to check out the full episode. Subscribe to Talk Commerce so you don’t miss future conversations at the intersection of commerce and digital disruption.

At its core, this podcast highlights that product experiences represent the new competitive battleground. As consumers increasingly demand personalized, contextual, and helpful shopping journeys, retailers must transform product content from a cost center into a revenue driver. The brands that invest in product experience now will shape the future of retail.