Israelis join global panic buying amid coronavirus fears
search

Israelis join global panic buying amid coronavirus fears

Experts say herd mentality, over-exposure to news coverage to blame for global customers stocking up on non-essential items; supermarket chains in Israel report increase in sales

Illustrative: Israelis shop at a supermarket in Jerusalem, November 12, 2017. (Yonatan Sindel/Flash90)
Illustrative: Israelis shop at a supermarket in Jerusalem, November 12, 2017. (Yonatan Sindel/Flash90)

Shelves are being stripped bare of toilet paper, hand sanitizer and surgical masks everywhere from Japan to France to the United States as panic buying criss-crosses the globe with the coronavirus, defying repeated calls for calm and disrupting supply chains.

Obsessively documented on social media, scrambles to the shops and empty shelves are adding panic and confusion to the fight against an epidemic that has killed thousands, placed millions under quarantine and battered global markets.

In Israel, supermarket chains last week reported an increase of dozens of percentage point in sales, primarily of disinfectants, hygiene products and dry food with long shelf life such as canned goods, cereal, pasta, rice, flour and mineral water.

The website of Shufersal, Israel’s largest supermarket chain, went offline intermittently on Wednesday due to a traffic overload of online shoppers.

Rami Levy, the owner of Israel’s third-largest supermarket chain, Rami Levy Hashikma Marketing, told The Marker website last week that he had ordered his shop to increase their stock by 40% in anticipation that the trend will continue, in addition to next month’s festival of Passover, when sales jump annually.

Israeli developer Rami Levy, who is building the first ever Israeli-Palestinian mall just a few meters from the West Bank. (Luke Tress / Times of Israel)

However, Levy added that an alternative explanation for the increase in sales was that many Israelis who had planned to travel abroad canceled their trips.

Australia’s biggest supermarket this week began rationing sales of toilet paper after police had to be called to a shop in Sydney when a knife was drawn in a scuffle over the scarce commodity.

On Saturday Japan’s prime minister took to Twitter to calm fears of a national shortage, while social media photos from the US show toilet paper shelves lying bare.

Psychologists say a mix of herd mentality and over-exposure to coverage of the virus is to blame.

“We might be less irrational if we weren’t being reminded so much of the potential dangers by the news,” London-based consumer psychologist Kate Nightingale told AFP. “We either avoid the topic or we go completely nuts and stock up on anything we might just need.”

Panic buying of non-medical items like toilet paper “gives people this sense of control that ‘I will have what I need when I want’,” Andy Yap, a psychologist and Charlene Chen, who specializes in marketing and business in Singapore told AFP in an email.

The city-state experienced its own recent run on toilet paper, traceable, they said to a “believable” rumor of an impending shortage due to shutdowns in virus-stricken China, a major producer.

Endlessly scrolling through social media also “distorts our perceptions and makes us think that things are a lot more serious than they truly are,” they said.

As the uncertainty grows, they added, items such as surgical masks and hand sanitizer transform into “problem-solving goods… that seemingly help people gain control over the virus.”

Shelves are empty of toilet rolls in a supermarket in Sydney on March 4, 2020. (Photo by PETER PARKS / AFP)

 ‘The odd one out’

Single-use surgical masks that typically retail for just a few US cents are also hot property, exacerbated by restrictions on exports from China, the leading producer, as the government keeps more back for domestic usage.

Last month ten thousand people queued outside a Hong Kong shop that had secured a shipment, and days later masks were voted the most desirable gifts to receive for Valentine’s Day.

In London, masks are now going for more than 100 times their normal retail price, while French authorities said they will requisition all face mask stocks and production.

The demand is being “driven by panic buying, stockpiling and speculation,” World Health Organization spokeswoman Fadela Chaib told AFP.

This is despite the US Centers for Disease Control and Prevention saying it did not “recommend the use of facemasks” to help combat the outbreak.

But in crowded, paranoid cities where others are already wearing them, donning a mask can be comforting — if ineffective.

“You don’t want to be the odd one out,” Nightingale said. “At the end of the day, we do need our social groups for survival so it’s a primal instinct to obey whatever needs that society imposes on us.”

Shelves are empty of hand sanitizer in a supermarket in Sydney on March 4, 2020. (Photo by PETER PARKS / AFP)

‘Trusted faces’

As more countries report new cases, Yap and Chen said it was important for authorities to “re-establish control” over information and rumors that spark hoarding and panic-buying.

“In times of uncertainty, it is good to set rules because rules provide a sense of order and control.”

Governments also need to be clear in explaining any new rules and why they are important in the fight against the virus.

But, Nightingale said, with distrust of health authorities on the rise in the West over mandatory vaccinations and with governments and companies “among the least trusted institutions,” this might be difficult.

“Hiring trusted faces could help… David Attenborough might work for a certain kind of customer profile, like the over 40s. For younger profiles, you could turn to social media influencers.”

read more:
comments