Social media websites if used responsibly can be of significant help in fostering personal as well as business relationships with people present across the globe. Unlike the other traditional forms of media like newspapers, television, films, etc, Social media allows the people to exchange their ideas with their peers across the globe over the social media websites. Thus the Social media helps in the democratization of the content by allowing every user to publish their own views on a particular topic. Thus more and more views on a particular topic can be easily obtained.
If a popular social media site can be developed by a user, he/she would be very pleased to find out that a significant number of visitors have accessed that particular site. Also you can know more about these people on these social media sites by adding them to your friends list. But before you accept every friend request, it is often advisable to do a bit of investigation. As some people are there only for fun on these social media sites.
Social media sites can act as powerful marketing tools also, if used properly.