How can companies strike a balance between utilizing customer data to enhance engagement and ensuring that customers feel in control of their privacy and personal information?

Companies can strike a balance by being transparent about the data they collect and how it will be used. They should give customers the option to opt-in or opt-out of data collection and clearly explain the benefits of sharing their information. Companies should also prioritize data security and comply with privacy regulations to build trust with customers. Additionally, offering personalized experiences based on customer data while respecting their privacy preferences can help enhance engagement without compromising trust.