How can companies strike a balance between utilizing customer data to personalize experiences and respecting customer privacy in order to maintain trust and loyalty in the ever-evolving CX landscape?

Companies can strike a balance by being transparent about how they collect and use customer data, obtaining explicit consent before gathering sensitive information, and providing clear options for customers to opt-out of data collection. They can also prioritize data security measures to protect customer information and comply with privacy regulations. By actively listening to customer feedback and addressing concerns about data privacy, companies can build trust and loyalty in the CX landscape while still personalizing experiences.