Author: Daniel Sodkiewicz (Co-founder and CTO)

What is the Fastest Growing Area in Logistics?

I am not a logistics expert, but logistics and 3PL are very important to GeekSeller and our customers. We have integrations and relationships with various logistics companies. Recently, I came across a post on Reddit that inspired me to dig deeper into the topic. According to the post, as voted by Redditors, the fastest growing area in logistics is the final mile.

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Amazon Adds 5 Million New Sellers Over the Last 6 Years

Marketplace Pulse research indicates that Amazon has added nearly 5 million new sellers since 2018, affirming its status as the top choice for global entrepreneurs. Each day, approximately 2,000 sellers join the platform, though this significant expansion often goes unnoticed by everyday shoppers. About 40% of these new sellers are based in the U.S., with notable increases also occurring in Brazil and other international markets.

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Two-factor authentication now required for Amazon Seller Central

Starting March 28, 2024, Seller Central will require identity verification via a mobile number or an authenticator app for sign-in, enhancing security against fraudulent access. Users without two-step verification set up will be guided to add a mobile device upon sign-in. Alternatively, users can opt for an authenticator app through “Login Settings” for convenience and improved security, especially for accounts with multiple users or when cell service is unavailable.

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Amazon made its FBA New Selection program easier to join

Starting March 1, 2024, sellers don’t need as high of a score to get in. This score, called the Inventory Performance Index (IPI), measures how well sellers manage their inventory. Before, you needed a score of 400, but now 300 is enough. Amazon did this to encourage more sellers to offer new products. They’re also giving sellers a bonus: about 10% back on sales of certain new items. Plus, sellers can now get help with storing and selling their products for longer periods.

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