This document discusses social media marketing and how it can create customer value. It begins with introducing the speaker, Svend Hollensen, and his background. It then discusses how social media uses a "pinball approach" rather than traditional "bowling approach" to marketing by facilitating two-way interactions between brands and consumers. Various social media marketing strategies are presented, including influencer marketing, utilizing owned, paid and earned media, and creating viral campaigns. It also provides a case study of a Danish company using influencer marketing to enter the US diaper market.