Wednesday 24 March 2021

An Unexpected Competitive Advantage For Businesses? Tackling Data Privacy Practices Head On

In the digital ecosystem, the freedom to browse, buy and engage online comes at a cost: a lack of control over one’s data privacy. That realization is causing widespread anxiety and distrust among U.S. consumers, according to a global report and survey by The Conference Board.

How deep is the skepticism? Consider that a staggering 63 percent of U.S. consumers feel uncomfortable having their personal data collected. Less than 30 percent believe companies’ use of their data has improved their life. And a majority is willing to give up data-based benefits of personalized messages, offers and experiences in exchange for

The post An Unexpected Competitive Advantage For Businesses? Tackling Data Privacy Practices Head On appeared first on COO Systems.



source https://coo.systems/an-unexpected-competitive-advantage-for-businesses-tackling-data-privacy-practices-head-on/

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