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Retail Business Review | Wednesday, June 17, 2020
Merchants who use Pencils AI-generated advertising have grown their businesses more quickly, doubling ad results and half customer acquisition costs.
FREMONT, CA: The techniques that business owners can promote and draw attention to have changed substantially during the last decade. The world is accustomed to seeing advertisements on its social media feeds. Pencil, a creative AI business, has collaborated with BigCommerce, a new-generation ecommerce platform, to give their merchants the latest breakthrough in online advertising for ecommerce, AI-generated commercials.
Will Hanschell, CEO and co-founder of Pencil, comments, "BigCommerce is an incredibly innovative ecommerce platform used by major midmarket and enterprise brands around the world. This direct integration removes one of the biggest frictions they experience - turning the product images and videos in their stores into ads that deliver sales. We are very excited to partner with BigCommerce to further enable brands to build their businesses online."
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BigCommerce retailers can make original video advertising to pitch their company, rather than spending hours in video editing software or hiring expensive professional agencies. AI-generated ads trained on data from advertisers' Meta ad accounts via the Meta Marketing API have quadrupled brand return on ad spend and cut customer acquisition costs in half. BigCommerce retailers who use AI-generated advertisements from Pencils can uncover new audiences on Metas platforms and develop their companies more quickly.
"As part of our mission to help merchants sell more at every stage of growth, we are delighted to welcome Pencil into our partner ecosystem. Weve seen that ecommerce marketers across the board know that great advertising creative is an important lever to growing their businesses. Weve also seen that they consistently find it challenging to execute at scale. We are therefore excited to see Pencil offer BigCommerce merchants powerful AI tools to generate ad creative, thus unblocking a key driver of sales growth." says Matt Dornfeld, Director of Business Development at BigCommerce.
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