This document discusses how social media is changing consumer buying habits and the importance of social media for internet retailing. It provides examples of how social media platforms like Facebook, Twitter, and YouTube can be leveraged to increase sales, generate leads, and build brand awareness. Some key points covered include how 47% of Twitter users access via mobile, 57% of online shoppers have spent over £65 on social commerce sites, and consumers are 3x more likely to trust recommendations over online ads. The document also provides tips for a social media strategy including setting goals, selecting appropriate channels, integration across marketing activities, and tracking and measuring results.