In what ways can companies strike a balance between utilizing customer data for personalized experiences and respecting privacy rights in their technology-driven customer engagement strategies?

Companies can strike a balance between utilizing customer data for personalized experiences and respecting privacy rights by implementing transparent data collection practices and obtaining explicit consent from customers. They can also anonymize and aggregate data to protect individual privacy while still gaining valuable insights. Additionally, companies can prioritize data security measures to safeguard customer information and comply with data protection regulations. By prioritizing transparency, consent, data anonymization, security, and compliance, companies can effectively balance personalization and privacy in their technology-driven customer engagement strategies.