5 Most Profitable Products to Sell Online in 2023

Page 5 of 5

1. Plants

Average Profit Margin: 95%

As stated by The Express Wire, the online plant nursery market is experiencing ample growth, with a projected CAGR of 12.15% from 2023 to 2030. The rising demand for indoor and outdoor plants is a major driver of this trend, as consumers increasingly turn to online sources for their gardening needs. The ease and convenience of purchasing plants online have also contributed to the industry’s growth. With the market expanding rapidly, businesses in the online plant nursery industry have the potential to yield excellent profits in the years to come.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a peek at 11 High Growth High Margin Stocks to Buy or 15 Most Profitable Dividend Stocks.

Page 5 of 5