What is Social Media? A Succinct Definition...

What is social media? It is a mindset of using social networking sites like Twitter, Facebook, Linked In, etc. to interact with other people on the internet.

Social media used to be called Web 2.0. The main difference between social media and old-school web pages, is that social media is interactive - where everyone is a creator and consumer.

A traditional web page is like a newspaper or book, in that it is a one-way conversation. The writer gives information, knowledge, wisdom, or entertainment. The reader receives the content.

With Social Media, everybody is a participant who can read what others say, as well as write. Think of it like a swap meet for ideas. People are trading information and knowledge.