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Marketing is an important component of libraries and other information centres. In the past, few approaches where used for marketing library collections and services. However, the use of social media tools in marketing library collection and services have over the past many years promise to be an important channel for marketing library collections and services. The purpose of this chapter therefore is to dig answers on the challenges and opportunities of using social media technologies in marketing library services and collections in 21st century environment. The chapter start with a snapshot overview of the importance of marketing library services and collection, highlight social media tools that can be used for marketing library collection and services. In addition, the chapter examines and presents the challenges facing libraries and other information centres in marketing the collection and services in 21st century environment. The methodology that will be used for this chapter is literature review comprising of journal articles, books, conference papers and newspapers articles.