Why We Need To Panic About Panic Buying


We should be concerned about what panic buying might do to distribution in the country. Read on to find out why we should not be panic buying.

Lady shopping at the store

The COVID-19 pandemic is real and many people are in a state of panic and are stocking up for the possibility of a longer lockdown or a complete shutdown. Panic buying is an issue that will affect a lot of people around the country, especially those who are most vulnerable.

What Is Panic Buying?

Panic buying is when people overstock on essentials and other items because they are worried that there will be no stock of items in the near future. Many South Africans have flocked to empty out the shelves at stores.

Empty shelves in a store
Photo By EWN

President Cyril Ramaphosa has expressed that there is no need to panic buy because selected stores will be open throughout lockdown for people to buy essential items.

Why Is Panic Buying A Problem?

The problem with panic buying is that it affects everyone in the country, including those who panic buy. We need to be informed about the long term issues that come with panic buying and how it will impact others, such as the elderly, people with compromised immune systems and the poor.

empty shelves

Panic Buying Disrupts Distribution

With the nation flocking to clear up shelves, manufacturers will need to work even harder to ensure that supply and demand needs are met. The disruption of the distribution puts our economy under stress. It is very important that we follow the advice that has been provided by the Government and not resort to panic buying.

man pulling trolley
Photo By The South African

A Knock On The Economy

The distribution also affects the nation with regards to the economy. With panic buying, the costs of production will increase, which affects the costs of purchase, too. This will put an even bigger strain on the economy as well as individual households.

Empty shelves
Photo By HTXT

Considering Other Citizens

Stores Are Adding Extra Protective Measures

Some stores in the country have already implemented a maximum quantity of products that shoppers can buy. This has been created to ensure that every customer gets a chance to buy what they need.

You Can Buy What You Need While At Home

Staying at home is the best way to prevent contracting the virus, so if you are worried about having to go out to buy essential items, here are some stores that will be delivering fresh produce. This way, you don’t need to worry about putting yourself at risk by going to the shop only to find empty shelves.

Lend A Helping Hand

There are a lot of brands that are trying to help reduce the spread of COVID-19. One such brand is Isuzu Motors South Africa, check out what they are doing to help fight against the spread of COVID-19. You can also make a difference, check out how you can help by visiting http://www.unityvalues.com/sdi.

As citizens, we need to work together to make sure that we thrive as a country. Although this is a scary time, we need to stay calm and help in any way to control the situation.

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