Is Social Media A Marketing or PR Tool

I am forever trying to get my head around this social media thing. Some days I think I understand it and then other days I am dumbfounded by what I see. Just yesterday I was in a discussion with a friend if social media was marketing or PR. Coming from the world of PR I instantly said PR, my friend, coming from marketing said it was a marketing tool.

Being rational adults sitting over a nice dinner of burgers and beer we decided to give each other one chance to convince the other of our argument and a rebuttal statement could be made by each.

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