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Why Rocket is replacing the traditional marketing funnel

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Why This Matters

Rocket's strategic shift away from the traditional marketing funnel highlights a broader trend in the tech industry towards more targeted and modern marketing approaches. This change is crucial for consumers and companies alike, as it reflects evolving consumer behaviors and the need for brands to adapt to stay competitive. As Rocket expands its influence in the mortgage industry, it exemplifies how innovative marketing can drive growth and brand recognition in a digital age.

Key Takeaways

On the latest episode of Brand New World, Rocket CMO Jonathan Mildenhall details how he’s shifting the brand focus to reflect modern reality. One in six American mortgages are now serviced by Rocket. That encompasses almost 10 million borrowers and manages $2.1 trillion in principal balance. But it wasn’t that long ago that Rocket was lagging in brand awareness.