Going against the law is not an option: first it might make you loose more visitors (i.e. those who count on you to respect their privacy). Second, GDPR fines calculated as percentage of your global sales, might wipe out your profits.
Fortunately there is a proven solution for your problem: the two-step like-button. When the user goes on the page, the social media button is not activated. Instead, the user sees a grayed proxy. Social media can not track your users yet. But when the user wants to like or share a post, he/she first clicks to activate the social media button : they then get a regular social media button that tracks them and that they can click to like.
You can find more about such privacy enabling approaches in this articlethis article.
In Germany, this technique is used since a very long time and users are very accustomed to. In the beginning, the website editors explained why they did it and what the benefit was for the users. After the initial surprise, very quickly users start to like it and even expect it. Of course, in your privacy policy you must explain to the user how it protects their privacy.
You also can decide to keep social media button and tracking as it is. You then have to update your privacy policy to be transparent about this and compliant with the regulations. But over time, more privacy-aware users might go elsewhere.
In conclusion, the best way to stay in business is still to remain compliant with the laws and respect your users and their expectations ;-)
It goes without saying: I address here only the aspects from a technical ciewpoint. For the legal aspect on your privacy policy or compliance m, you’ll have to consult a lawyer or a qualified legal advisor in your jurisdiction.