Pencil is an advertising platform that uses AI to generate performance ad copy and video that’s predicted to get results. Use Pencil to turn your assets into ads that deliver ROAS, so you can scale your business. Utilize the free creative AI dashboard that automatically analyses Facebook and Instagram accounts, and groups all of a brand’s previous ads into “winners” and “losers.” Winners are ads that are performing above a threshold (e.g. the average, top 10%, or top 25%) on a particular metric, and they can be used to generate new strong ideas, with a “More like this” feature. Losing ads can be switched out and improved in a few clicks using the “Replace” feature, and there’s also indicators to identify “Fatiguing” and “Scaling” ideas. Pencil’s new Instant Predictive Audit (IPA) will also allow customers to access the new IPA which will audit thousands of ads to provide “Day Zero” new ideas and predictions, enabling brands to use their best creative to make their next creative. Previously, users needed to run sufficient Pencil ads and media investment before gathering enough data to see any predictions, which might take several weeks. Now with the IPA, Pencil already knows on Day Zero what has worked before and what didn’t, and users get predictions built on all their past Facebook ad tests.