South Africa's 'grey rand' assisting new parents
Bizcommunity.com 29 July 2006-06
The arrival of a child is an enormous realisation for any new parents
and the cost is even more of an alteration in their lives. This is where more
and more grandparents are stepping 'up to the plate' to meet with the ever
growing cost of having a baby. A large majority of grandparents would like to
see their grandchildren with the best on the market and are only to proud to
make the purchase for them.
The increase in South Africa's
baby sector, (retail, wholesale, distribution and manufacturing) is
awe-inspiring to any individual, employee or entrepreneur, who has been part of
it over the past five to eight years. Not all new parents can afford the luxury
and designer goods that are readily available, and in some cases necessary
today. More grandparents are at the tills settling the bill. Many of these
grandparents will state that they are only too happy to assist their children
with several lavish purchases to ease their lives with their grandchildren.
Bernadette Hammersley of Cape
Town, proud grandparent to Isabella, says "it is very difficult to say no
to a grandchild when they look up to you as the one who would ordinarily
'spoil' them and you, as a grandparent, only want the best for them." This
is evident in more than several situations around South Africa. Top furniture
company, Petersen's has said that "grandparents are playing a big part in
the upbringing of their grandchildren. This is perhaps due to the fact that in
some cases both parents have to work with parenting being rather costly. Having
children is a large step bringing loads to learn and loads to buy into your
life. It is therefore comforting for first time parents to have some financial
help when it comes to kitting out the baby room and knowing exactly what is
needed. Some of our clients come to the showroom to have a look, and then bring
their husbands and their parents, just to get everyone's opinion. Invariably
the grandparents end up paying for the nursery furniture - which they regard as
a family heirloom. Grandparents are more selective when it comes to quality;
they must have the best for their grandchild and so would rather spend more on
quality pieces than save money. This is also a time where grandparents have a
bit more cash to spend, which they could ill afford when their children were
growing up, and feel strongly that they'd like to 'make up' for those have-not
years."
Baba Indaba has noticed the
strength of the grey rand and by encouraging this, visitors to Baba Indaba are
not only parents, soon-to-be parents but grandparents too. "This reality
is pivotal and we welcome grandparents on Friday, 28th July to, Baba Indaba, as
it is a special grandparents day. Grandparents are instrumental in shaping the
lives of our children in South Africa, we therefore want to applaud them by
allowing free entrance to Baba Indaba on Friday," says Natalie Naude, Show
Director of Baba Indaba. "The grey rand has immense strength within South
Africa and therefore we have the honour of enjoying their input and company on
Friday."
No doubt, you are a caring parent who wants to absorb as much info as possible
and be exposed to the latest happenings in the baby market - therefore Baba
Indaba is the only place to be at the end of July. The exciting world of
parenting and children with loads of fun, edutainment and entertainment will be
at Baba Indaba on 28-30 July 2006 at the Cape Town Convention Centre.
End.