Methodology 

America’s Fastest Growing Online Shops 2022 were recognized based on an evaluation of Sales, Traffic, and Website Technical Details.

In total, more than 10,000 of the largest online shops were compiled using Statista and online databases, online directories and price comparison websites to identify the most relevant online shops Online shops selling mainly digital goods (e.g. netflix.com), subscription based shops, C2C marketplaces (e.g. ebay.com), B2B online shops, showcase websites and online shops that do not display their site in English were excluded from further evaluation to allow a better comparison between them The online shops were then organized according to their main product offering into 37 categories.

The online shops had to meet the following criteria in order to progress to the evaluation:

1) At least 1,000,000 annual website visits in the USA

2) At least 1,000,000 USD revenue in the USA

3) Growth in both traffic and revenue

4) More than half of traffic coming from the USA

5) More than half of sales coming from the USA

After the screening, the shops were evaluated based on revenue growth (both absolute and relative), traffic growth (both absolute and relative) and technical details which show the performance of the website The growth KPIs were evaluated from period 1 (March 2020 - February 2021) to period 2 (March 2021 - February 2022).

The top 1,000 online shops with the highest scores were then awarded “Fastest Growing Online Shop US 2022 and listed on the Newsweek website. The companies are awarded by their scores in growth rates as either ‘high’,‘very high’ or ‘extremely high’.

The list guides consumers on which online shops have experienced rapid growth and are trending in the market with brands that show high levels of quality service and trust.

For the extended version of the methodology please click here.

Please note the following conditions:

The term of this Agreement is one year from purchase date.

In consideration for payment, you (The Licensee) are hereby granted a nonexclusive, worldwide, non-transferable, non-sub-licensable license during the term of this Agreement for digital use rights (web posting, email, digital presentations, branded social media and similar) and print reproduction use rights (letterhead, sales materials, reports, white papers, brochures, posters and signage and similar) of the Newsweek Logo (The Logo) pictured in this agreement.

The Licensee acknowledges and agrees that The Logo and all rights, title and interest herein are and shall remain the exclusive property of Newsweek.

The Licensee may not attribute any statement of fact to Newsweek beyond your placement on the list in your respective industry. You alone are responsible for the admissibility of the commercial use of The Logo under competition law; in this respect, Newsweek and Statista give no guarantee and assume no liability. Licensee shall not distort, misrepresent, alter the meaning of or otherwise edit The Logo. Newsweek may terminate this Agreement upon 30 days’ written notice if Licensee materially breaches any of the terms of this Agreement; provided, however, that this Agreement will not terminate if the breaching party has substantially cured the breach to the reasonable satisfaction of Newsweek within 30 days of a notice pursuant to this section.

Upon termination or expiration of this Agreement, Licensee’s right to use The Logo shall immediately terminate and all rights granted to Licensee hereunder with respect to The Logo shall automatically revert to Newsweek without further notice.

This Agreement contains the full and complete understanding of the parties with respect to the subject matter hereof and supersedes all prior representations and understanding, whether oral or written. This Agreement shall be construed and the rights and obligations of the parties shall be governed by the laws of the State of New York, without reference to its conflict of law principles.

All amounts described shall be in United States dollars and are net of all sales, use property and related taxes and customs duties.

Please contact