Data privacy and the customer experience

As retailers seek to build personalized and engaging customer experiences, they’re collecting more consumer data than ever before. PwC’s US Cybersecurity and Privacy Leader Sean Joyce returns to Retail Gets Real to talk about how retailers must build trust with the consumer around their use of customer data.

Joyce says that as experience becomes the focus of retail, companies that are focused on transparency are the retailers that will succeed. “It’s [about] ‘trusted data optimization,’ where you’re helping [retailers] optimize the data they’re collecting but also, building trust at the same time with the customer.”

Listen and subscribe

Don’t miss an episode: Subscribe to Retail Gets Real via Apple PodcastsGoogle PodcastsSpotify or Stitcher.

Consumers are often willing to provide companies with data about their purchases if there is a benefit to them such as a unique experience or relevant personalized offer. Joyce says transparency about what data is collected from customers and how it is used will help retailers form a trusting relationship with consumers.

As retailers evolve and begin to enter partnerships with other companies such as those offering smart home devices and health apps, protecting consumer data and building trust with the consumer becomes even more important.

Listen to the episode to discover more about data privacy and the customer experience, including how the California Consumer Protection Act impacts retailers.

More from the podcast

The state of the economy heading into the holidays
 
Family holiday shopping in the snow
Read more
Designing the store for a digital-first consumer
 
Retail Gets Real episode 140: ZIVELO’s Healey Cypher discusses the do’s and don’ts of a technology-enabled store.
Read more
How Take Care creates an oasis for wellness
 
Take Care store in Washington D.C.
Read more