Nowadays, customers want to know how you handle their data, your business partners want proof of data protection, and regulators expect compliance with data privacy laws. When your business takes data privacy seriously, you will do more than just stay compliant. Here are three ways you can make data privacy your competitive advantage. Give a Clear Reason for Collecting Consumer DataAs data privacy laws continue to evolve, collecting data isn’t a one-way street anymore. You can make it your competitive advantage by having a straightforward data privacy policy, training your employees on data privacy, and giving clear reasons for collecting customer data.