My Question is " Business can live without Advertisement " Is it truth?

Some business can live without advertising( which are exclusive/ specialist) , some business cannot.

No Business can survive without advertising. They go out of business very quickly : )

You have the slow 'free' way of networking, which is reliant on super products and then people sharing that product or service ( as and then they remember too!)

Then you have blogging, a great method which leverages the entire internet

On demand Traffic, by using traffic exchanges. This produces 'free' traffic which is alright, however paid traffic delivers quicker and better results

Safelists / mailers...

Yes and No. It can live if you have enough customers that spread the word and it becomes viral.
No if you are new and nobody knows your business.

It depands. If you run a small local business shop, then of course you don't need too much advertisement. But you run big sales brands or international business ones, then advertisement is a must to make yourself more visible to the world

I fully believe that advertising is dead. It's a waste of time to advertise and spend money on ads when buyers are very cautious of anyone or any company tooting their own horns. Instead,it is recommended to use the Heartrepreneur™ Method where you make heart-to-heart connections with your ideal target audience and have them decide if they like you and your business and then they decide on their own to buy.

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It´s possible if you have authority in you niche.

Thanks for sending to all, My dear friends. Your Reply is valuable gathering knowledge for business.

It is not possible since the visibility is important in our virtual days! and also there millions of producats that are exposed in virtual webcommerce, .
The advertising in this situation must be the first think we have to take into consideration

No It Is Not True! Every Business NEED Advertisement!

It's true, but if you want to grow your business you need MARKETING and Advertisement.

There has to be some type of promotion even if it is just word of mouth.

It is possible and it is not possible. It is possible if you are running a small local business where competition is zero or minimal. But it's not possible if you are operating in a highly competitive market. You have to advertise to create awareness and to improve your business visibility which is important in a competitive market.

It is not possible since the visibility is important in our virtual days! and also there millions of producats that are exposed in virtual webcommerce, .
The advertising in this situation must be the first think we have to take into consideration

False advertising or deceptive advertising is the use of false or misleading statements when promoting a product. It may include misrepresentation of the product at hand, which may negatively affect many stakeholders, especially consumers.