Creating trust from users
If there are any special ways the website treats and uses personal information, the site should always make it visible and clear. This helps a lot at creating more trust and confidence towards the site and increasing security. All privacy policies should comply with the law and regulations depending on the location of the website.
This will tell all customers how much info and data is collected from them and what it is for. This lets customers decide if the data collection of the website is trustful or not. Also, it helps at creating more awareness about normal methods about data collection that are very helpful when talking about rights of customers and their privacy. It also makes the website a little easier to manage and makes customers more secured about their info.
Avoiding getting sued
If a Ecommerce website does not comply with the especial requirements for a private policy, the law is totally capable of putting their site down or just making them pay a fine for their infringement. Many big enterprises around the world have faced being sued because of strange and untruthful data collection.
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