This document discusses the importance of social media for businesses. It notes that over 1 billion people are on Facebook and over 50% of people have social media profiles. It also mentions that social media is becoming a larger part of marketing budgets. The document recommends that businesses define clear social media objectives like branding, sales, or customer service. With defined objectives, businesses can create social media plans, choose appropriate channels, and measure results to improve over time. The conclusion urges businesses not to ignore social media like outdated advertising does.