Can potting mix be used for in ground planting?

I'm curious, can you elaborate on the idea of using potting mix for in-ground planting? I've heard it's possible, but I'm not entirely sure of the benefits or drawbacks. Does it offer any advantages over traditional soil? And are there any specific types of plants that thrive in potting mix when planted in the ground? Additionally, what precautions should be taken to ensure successful growth when using this method? I'd appreciate any insights you can provide.