the Study found, where the fastest people emptied store shelves during a pandemic coronavirus.
Scientists Mike Keane and Tim Neal from the University of New South Wales conducted a major study and found out which countries in the period of the pandemic coronavirus was the biggest “consumer panic.” They studied where buyers faster just bought toilet paper and other goods and emptied supermarket shelves.
In the study, Keane and Neil analyzed data from 54 countries in the period from January to end of April. They took into account the epidemiological situation within the country and in neighbouring regions, the actions taken by the local authorities (closure of borders, the regime of self-isolation, etc.), as well as the shortage of goods in stores and search queries on the Internet of people in the country.
Scientists have concluded that “consumer panic” has touched almost all countries, and it peaked at the beginning and the middle of March. On average, empty shelves in the shops it was possible to observe from a week to 10 days, after which the sale of goods is back to normal.
As it turned out, the most “hysterical” of buyers during the period of the coronavirus were residents of Australia. Sale of toilet paper and napkins have increased in two times, also with shelves in some the moment is gone flour, rice and pasta. But the most popular product was canned and dry soups, demand for which grew by 180%, writes the Sydney Morning Herald.
it is Noteworthy that if these countries are buyers of assorted products and goods in connection with the increase in the incidence or imposed restrictions, in Australia the panic appeared to be “spontaneous”. According to experts, this is called the principle of FOMO (fear of missing out — “fear something miss”): people are starting to buy goods due fear that they can lose.
Catherine Gura
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