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nevenkam
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I believe that you definitely need a website.

I see and use social media as a traffic driver to your website, through promoting your business and its products/services.

Also, social media is “borrowed” space – if for some reason a social media channel collapsed or became unpopular (MySpace anyone?!?), where would your customers go to find you?

My recommendation is to have a website and use social media marketing to push your customers to it.