Pencil Partners With Adobe To Give Brands And Agencies AI-Generated Ads
Martech Outlook | Sunday, January 02, 2022
Brands and agencies utilizing AI-generated advertising from Pencils have been able to develop their businesses more quickly, doubling ad outcomes and half client acquisition costs.
FREMONT, CA: AI can assess many data sources to determine the likelihood of a user doing a given action, enhancing the efficacy and actionability of marketing campaigns. Based on previous campaigns, AI can generate audiences with similar characteristics to target new contacts and expand the sales funnel. Creative AI business Pencil has teamed with Adobe to provide AI-generated video advertisements of professional quality to brand and agency creative teams.
"Our decision to integrate Adobe After Effects in our platform was an easy one. Being able to provide professional-grade AI content was originally an internal challenge but we were able to turn that around with Adobe After Effects network rendering. It has also allowed us to improve the processes and workflows of our creative users, and allowed them to focus more on shaping quality content rather than repetitive creative tasks,” comments Will Hanschell, Co-Founder and CEO of Pencil.
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In the past 24 months, brands have largely relied on online advertising to recruit new customers and expand their operations in response to the widespread shift to ecommerce. However, effective online advertising requires vast quantities of brand-aligned, tailored material. Since 2018, Pencil's algorithms have helped companies and agencies develop online advertising material 10x faster and at a 10x lower cost while enhancing results by a factor of 2.
"Pencil is by far the best way to create winning video ads at scale. By combining Oscar-worthy AI editing software (powered by Adobe After Effects) with AI learning algorithms it effectively eliminates the guesswork out of what makes for winning ad creatives,” states Rob Carliner, Co-founder/COO of Angela Caglia Skincare.
As advertising operations shifted online during the pandemic, Pencil recognized the need for both automation and sustainability concerning creative positions. By merging the AI-generated advertisements technology of Pencils with Adobe After Effects, creative teams at brands and agencies now have access to tools that enable them to function at scale, avoiding repetitive processes so they can focus on more conceptual work.
In addition to its new interaction with Adobe After Effects, Pencil employs proprietary technology to generate video, glean insights, make predictions, and integrate the OpenAI API to generate ad content. The OpenAI API grants access to GPT-3, one of the most potent language models in the world. Among the companies authorized to use it commercially is Pencil. This approval requires strict AI safety and ethics requirements.
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