diff --git a/erpnext/www/all-products/img/placeholder.png b/erpnext/www/all-products/img/placeholder.png
new file mode 100644
index 00000000000..9780ad8e057
Binary files /dev/null and b/erpnext/www/all-products/img/placeholder.png differ
diff --git a/erpnext/www/all-products/search.js b/erpnext/www/all-products/search.js
index f17f7a034cf..9ed5b21099e 100644
--- a/erpnext/www/all-products/search.js
+++ b/erpnext/www/all-products/search.js
@@ -8,7 +8,7 @@ function populateResults(data) {
     html = ""
     for (let res of data.message) {
         html += `<li class="list-group-item list-group-item-action">
-        <img class="item-thumb" src="${res.thumbnail || ''}" />
+        <img class="item-thumb" src="${res.thumbnail || 'img/placeholder.png'}" />
         <a href="/${res.route}">${res.web_item_name}</a>
         </li>`
     }