The document discusses how social media has changed the relationship between companies and consumers. It notes that companies can no longer set the rules and must earn consumers' trust by engaging in social media authentically. The document provides examples of how Dell and Starbucks have successfully used social media to generate sales and improve their business. It offers tips for companies to develop a social media strategy, including setting goals, understanding their audience, building a foundation on social media channels, actively engaging with consumers, and analyzing and optimizing their efforts.