Can a business solely exist on social media.

CALVINDOL

VIP Contributor
The use of social media platforms like Facebook and Instagram have definitely impacted offline businesses, how is the majority of entrepreneurs have seen the need to establish businesses that's only exist only on social media platforms. A whole lot of benefits is to gain, when a business exist only social media platforms like Facebook and Instagram. However these benefits are being briefly explain below:

* Increase traffic: what makes a product to be effective and high-quality is when customers and clients are addicted to the buying and purchasing of it. However when businesses exist on social media platforms and only sells a products and services through social media platforms, it's definitely give them the opportunity to sell and to render their business goods and services to a vast scale of audience. However, product purchasing traffic is very easy to accomplish with the use of social media platforms.

* Easy referrals: earning referrals and more customers and clients to your business product is absolutely accomplished and achieved with the use of social media platforms. Moreover this is efficiently achieved when your business goods and services are effective and high-quality as claimed.

* Go viral: frequently visited social media platforms like Facebook and Instagram, are definitely effective to make online and offline businesses go viral. Especially when you partner with social media influencers and promoters to market and promote your goods and services.

* Crisis prevention and avoidance: establishing a business only on social media can help prevent your business from being influenced by political, natural and economical crisis, unlike land-based businesses who are frequently influenced by economical, natural, and government-related crisis such as inflation, disasters, recession, and devaluation of currency.
 

King bell

VIP Contributor
Yes, absolutely! In fact, more and more businesses are relying on social media to reach potential customers and grow their business. Social media provides businesses with a platform to interact with customers, promote their products and services, and showcase their brand. Plus, it’s a great way to build relationships and create a sense of community.

For example, if you’re a small business, you can use social media to reach customers who may not have heard of you before. You can post promotions, specials, and other updates to draw in new customers. You can also use social media to create relationships with customers, respond to their feedback, and gain insight into what they’re looking for from your business.

Additionally, social media can be a great way to build a brand. You can post content that’s relevant to your industry, showcase your products and services, and share customer stories and reviews. This can help you create an engaged community of customers and generate more interest in your business.

Overall, social media can be a powerful tool for businesses of all sizes. It can help you grow your customer base, build relationships, and create a brand that customers can trust. So, yes, it’s definitely possible for a business to solely exist on social media.
 
Top