This document provides an overview of social media strategies. It discusses defining goals and objectives, targeting specific markets, engaging audiences through listening, informing and participating, integrating across platforms, and measuring effectiveness. Key aspects include developing a company mission, social media mission and engaging audiences according to the LIP model of listening, informing and participating. It also emphasizes the need for a new mindset in social media that focuses on openness, authenticity, sharing expertise, comfort and building relationships over time.