The document provides an overview of social media basics and statistics. It discusses [1] how social media is defined as a two-way conversation compared to traditional one-way media, [2] key statistics on social media usage globally and among various demographics, and [3] how social media can benefit businesses by building influence, exposure, and customer service. The document then focuses on specific popular platforms like Facebook, Twitter, LinkedIn, and blogs, providing stats on their usage and ways they can be used effectively for business purposes.