The document discusses the rise of social media and how brands can leverage social networks. Some key points: - 58% of the global population uses social networks, with over 500 million users on Facebook and MySpace. - Social media is transforming how consumers communicate and share experiences online. Even baby boomers are increasingly using social platforms. - The document suggests ways brands can engage customers on social media, such as social advertising, branded pages and applications, in order to be part of customers' social experiences and conversations. Effective social strategies allow brands to convey messages to enthusiasts and embody their brand identity.