Know Why Bulk Buying Buying Everything In Sight Is Not Helpful

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Hey Everyone!,

Know Why Bulk Buying 

Buying Everything In Sight

Is Not Helpful

  
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 Photo:Sameer/auracompletsolutions.blogspot.com/ Adobe Stock

  Photo:Sameer/auracompletsolutions.blogspot.com/ Adobe Stock

Experts say shopping responsibly is an important part of flattening the curve and helping the world function as normally as possible during the coronavirus pandemic.

Toilet paper, hand sanitizer, protective masks, Tylenol, flour and so many other items have suddenly become hot commodities as most Canadians hunker down at home during the coronavirus pandemic. This has left many people shopping in bulk as they attempt to be prepared not just for a possible two-week quarantine but for months—just in case. You’ve seen the empty shelves at the stores across the country. You’ve also likely seen the pictures of people’s garages stuffed with supplies, so if you find it, you’re going to buy it. After all, if you don’t, someone else will, you’ll be left with nothing and then what will happen?

Stop right there…and breathe. You’re panicking, and that’s causing you to engage in some aptly termed “panic buying.” While it might not seem like a big deal since you’re just one person, you’re adding to a larger problem and causing serious harm in ways you don’t realize. “Panic buying is an act of selfish madness,” says Paul Hong, professor of global supply chain management and Asian studies at the University of Toledo. “An African proverb says, ‘If you want to go fast, go alone. If you want to go far, go together.’ In times of crisis, aim to go far together, not fast alone. We survive together.”

Here’s why experts say that shopping responsibly is an important part of flattening the curve and helping the world function as normally as possible during this impossible time. So, to borrow a phrase, keep calm and carry on—without buying everything in sight.

What causes panic buying?

Panic buying arises out of a perfect storm of conditions, according to Jud Brewer, MD, PhD, director of research and innovation at the Mindfulness Center at Brown University. “Fear plus uncertainty leads to anxiety because our brains need [the] information to plan for the future. In the absence of information, that uncertainty drives anxiety,” Brewer explains. “Anxiety is that small fire that suddenly becomes a bonfire and spreads when fueled by social contagion, turning into panic.”

Social media can further fuel this panic—something you’ve probably experienced yourself after seeing picture after picture of empty shelves and reading stories about people who’ve bought thousands of bottles of hand sanitizer. You wonder: What will happen to me if there’s nothing left? While that is a valid question, the larger question is: What will happen to everyone if nothing is left? Well, nothing good, and your individual actions are a contributing factor.

Doctors and nurses can’t do their jobs safely and effectively

We can never repay medical professionals for fighting on the front lines against this disease. We can, however, cut the nonsense so that they can stay safe while doing their jobs. There’s currently a severe shortage of N95 masks and other personal protective equipment (PPE). A recent survey found that many U.S. hospitals only have a ten-day supply of masks left. One reason is that regular people have been buying masks in massive quantities—even though they don’t need it. As a result, doctors and nurses are having to ration and reuse these essential items.

This particular form of panic buying is problematic for a few reasons. First, by hoarding masks, these panicked shoppers are likely putting these health professionals’ lives in danger. Doctors and nurses seemingly have a higher chance of becoming infected because of their constant exposure, and they can unwittingly spread COVID-19 to healthy patients and others before they become symptomatic. Finally, if health care workers get sick, they won’t be able to continue to do their jobs. This creates a ripple effect, causing many more people to go without care and potentially lose their lives because there simply aren’t enough caretakers.

People can’t get the essentials

Look, not everyone wants a bunker’s worth of toilet paper. Some people just need it because they’ve run out. Panic buying disrupts the supply chain, and, eventually, there’s no availability depending on the specifics of the product, which could last for a while. “It causes a ‘pig in a python’—i.e., a massive demand ‘lump’ flows slowly upstream and can disrupt each stage due to problems matching available capacity with the replenishment volumes ordered by retailers,” says Simon Croom, PhD, professor of supply chain management at the University of San Diego School of Business.

While we’ve all been feeling the effects of this with cleaning products and assorted household items, it can become even more problematic with “specialty” items—like baby formula, over-the-counter medications, and more. “Follow the airplane-safety rule: First take care of yourself and then your neighbours,” Hong says.

Certain groups of people suffer more

When there’s a crisis often those who are most vulnerable are put at an even greater risk. “Panic buying disproportionately affects low-resource communities that are already impacted by social barriers such as transportation, proximity to grocery stores, and income,” says Karen Dale, a registered nurse and the market president for AmeriHealth Caritas, Washington, D.C. “[They] do not have the additional funds to stock up on weeks or months worth of food and supplies at one time. Additionally, if shelves are continually empty, repeated trips to the store are challenging and costly when you consider factors like transportation and child care.” As a result, these people are left without the necessary items for survival.

People with chronic illnesses also face unique challenges. Those with diabetes or hypertension need balanced meals, Dale adds. When options in the store are few and far between, they may opt for less-healthy items that could exacerbate their conditions.

Infection spreads

If people can’t get the basics they need at one store (or online), they’ll have to head elsewhere to find it. Visiting multiple places and coming in contact with more people increases their risk of infection, Dale says. This situation can get even worse if stores are forced to restrict purchases. “As stores begin to limit the number of products you can buy at a time, more people are returning frequently and travelling to multiple locations to stock up. This repeated exposure in enclosed public spaces can make social distancing difficult and increases the overall risk,” Dale explains. We flatten the curve by staying home as much as possible, but we can’t do that if we can’t find what we need at our regular shopping spots.

Plus, when people can’t find things like soaps, sanitizers, and disinfectants—we’ve got another problem on our hands. These essential items help to stem the spread of coronavirus, and without them, people may end up unwittingly infecting others. So, maybe put that tenth bottle of hand soap back on the shelf, OK?

Price gouging becomes more prevalent

In theory, charging more for a much-desired item is simply the basic principle of supply and demand. “Opportunism in supply chains by retailers, manufacturers, and others holding inventories will lead to inflated prices,” Croom says. “After all, price is whatever a customer will pay.”

Just how much is that? A 100-pack of sanitary dust masks that originally sold for $8 ballooned all the way to $200 on Amazon in early March, according to recent data. While attorneys and assorted officials are pushing Amazon, Walmart, and other retailers to crack down on these insane price hikes, it’s still a problem.

Counterfeit products invade the marketplace

Criminals don’t take a break during a pandemic—in fact, they ratchet up their schemes to make a quick buck. A massive operation coordinated by Interpol in early March busted a number of groups involved in trafficking counterfeit items. Authorities confiscated 34,000 counterfeit surgical masks as well as 4.4 million units of illicit pharmaceuticals being touted as immunity boosters or treatments for COVID-19, according to Interpol.

On Amazon, in addition to counterfeit surgical masks, you’ll also find counterfeit hand sanitizers, test kits, and anything else that promises the hope and help people desperately want right now. So, how are you contributing to this problem? By depleting the vetted products, you pass along the panic, leaving people vulnerable to scams.

Your own mental health declines

While overbuying may seem like a good way to assuage your fears, it actually often ends up doing the opposite. This can become a bigger and longer-lasting problem for you. “Panic is like seeing something burning and then throwing gasoline instead of water on the fire. It only makes things worse and can set up habits of being anxious in the long run,” explains Brewer. “Not surprisingly, getting in the habit of being anxious can have long-term consequences, including the development of Generalized Anxiety Disorder and possibly even, make people more susceptible to the development of Alzheimer’s disease.”

Instead of giving in to the panic, Brewer says, it’s important to set limits, stay calm, and work together with your community to make sure that everyone has enough. Dealing with anxiety, which is at the root of panic buying, can halt negative behaviours and help ensure that we’re not making a challenging situation even worse.

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Know How Your Information Is Stolen By Tricksters Scammers Using These Scams

This post may contain affiliate links, including Amazon.com(and affiliate Sites/Stores.)Any One Can Shop from this blog.Using links to these sites means I may earn a small percentage from  purchases made at no extra cost to you.

Hey Everyone!,

Know How Your Information Is Stolen

By Tricksters Scammers 

Using These  Scams

  Photo:Sameer/auracompletsolutions.blogspot.com/ Adobe Stock

 Photo:Sameer/auracompletsolutions.blogspot.com/ Adobe Stock

Whenever there's a crisis, there are people who try to help—and some who attempt to take advantage of the situation through scams.

Avoid these coronavirus scams

We love to see the world with rose-coloured glasses: people are nice, everyone is friendly, and the planet is a good place. But every now and then, we’re reminded not to be so naive. Ever since the coronavirus popped up its ugly, germ-filled head, scams have occurred on just about every platform, from Facebook to Amazon.

“As with any news story, criminals will use this as a pretext for scams,” says Alex Hamerstone, GRE practice lead at TrustedSec, an ethical hacking firm hired by Fortune 500s to try to hack into networks and employees to prevent real attacks. “Coronavirus also preys on people’s fears, so it really is the perfect storm for a scam pretext.”

Impersonating emails

When it comes to online scams, the biggest risk consumers and businesses will face is from phishing emails that impersonate the U.S. Centers for Disease Control and Prevention, the World Health Organization, or other health agencies and insurers, says Karim Hijazi, CEO of Prevailion, a company specializing in intercepting data from hacker networks.

“Cybercriminals have a lot of resources at their disposal nowadays which enables even less sophisticated crews to carry out rather advanced phishing campaigns,” Hijazi says. They can buy phishing kits and malware tools online, rent botnets to launch their attacks and find bulletproof hosts to support their malicious domains. “What the average person needs to realize is that phishing scams may often look identical to the same thing,” he says.

Vaccination offers

Now’s the time that you may see ads offering prevention, treatment, or cures for the coronavirus, says the U.S.-based Federal Trade Commission. (FTC). Sounds too good to be true? It is. And if there’s a really big medical breakthrough, the last place you’ll hear about it is via an ad sent to your inbox in the form of a sales pitch, the FTC says.

Consumers should look at the return path in the email to see where it really does originate from, Hijazi says. “Hackers can easily spoof any domain they want in the email header that shows up in your inbox, but they can’t do that with the return path,” he says. “If the return path shows a different domain or email address, then you know it’s a trick.”

Look for warning signs

These will appear on the websites you visit, Hijazi says. “Criminals often use a technique called “combosquatting” to create malicious websites that may appear to be a legitimate domain,” he says. Often what they will do is to hyphenate or add a period after the business name, then insert a new word like “sales” or “discount” to create an entirely new domain. For example, Bigboxtretailer.com could be hyphenated to Bigboxretailer-deals.com.

“To the average person, that will appear to be the real website of Big Box retailer, when in actuality, it is an entirely separate domain controlled by the hacker,” Hijazi says. If companies don’t register all the combinations and variations that can be created from their website domains, they leave their customers exposed to this type of scam. Hijazi suggests checking the WHOIS registration of a website to verify the real owner.

Don’t respond right away

“Scammers depend on you reacting before you can carefully consider things,” Hamerstone says. Instead, think for a bit and try to discern whether it’s too good to be true, whether anything sounds odd (maybe someone is misspelled, maybe the grammar is incorrect, etc.). Then, ask a friend or family member to offer a second opinion.

Go straight to the source

If you get an email raising money for an organization, don’t click on the link in the email, Hamerstone says. Instead, use your browser and go straight to the organization’s website. Same for phone calls. Instead of responding directly to the call and giving credit card info to that person, call the company back on its mainline to make sure the offer or fundraiser is legitimate.

High priority good offers via email

Expect to see special offers on high-priority goods like hand sanitizer and face masks, Hamerstone says. Or a sender could also claim to represent the local hospital and are warning you about a personal contact who has recently tested positive for coronavirus. There are many schemes they could use to convince you to open an attachment, click on a link, log into a website or provide information over email.

Does it pass the smell test?

“There is a very simple way to spot a scam,” Hamerstone says. “Does it pass the smell test?” This means, ask yourself: Is this offer too good to be true? Is this an unsolicited communication on social media, or on your phone or by email? “People are used to doing everything over email these days, but always remember that the government does not send you attached files,” Hamerstone says. So the CDC is not going to email you a PDF or Word document with data about local infections in your area and Tthe state health department is not going to send you a zip file. They’re also not going to request your social security number over email.

Be wary on Amazon

With Amazon’s site, it’s often difficult to tell who the seller is, Hamerstone says. This gives every seller a certain amount of legitimacy and it becomes harder for the buyer to tell whether or not they should be concerned, which is why it’s very important to check on who the seller is.

On Amazon, there are two points of data: the maker of the product and the company or person who is actually selling it to you. The seller is listed right under the “Buy now” button. Click on the seller’s link and check out their Amazon page. “Ideally, you want to stick with third-party sellers who have been active on Amazon for a long time, have a large number of positive reviews, and there is consistency in their offerings,” Hamerstone says. You should also try to avoid buying important items like medical devices from third-party sellers who don’t appear to have much experience in the medical field. The safest bet is to stick with items that are labelled “Ships and Sold by Amazon"

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What Do You Think?,Do let me Know or Do you agree or Disagree or Have any other ideas?Please Share your thoughts in the comments below as I learn just as much from you as you do from me!”

Bye for Know,

Sameer 

There’s more to that

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• Scammers, Coronavirus,Steal,Information, Optimize

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