March 28, 2023 | Category: Tips for your Business
- Builds trust:
- By being transparent about data collection practices, users feel more comfortable sharing their information with the website.
- Legal compliance:
- Protection against lawsuits:
- Improved website performance:
- May limit data collection:
- This can make it more difficult to track user behaviour and personalize the website’s content and advertising.
- May decrease revenue:
- Limiting data collection can also decrease revenue for businesses that rely on advertising revenue.
- If a website cannot collect enough data to personalize ads, it may not be as effective, leading to a decrease in revenue.
- May be ignored by users:
- This can make it difficult for businesses to establish trust and may not provide the protection they need against lawsuits.