Value-based lookalikes are an enhancement of Lookalike Audiences. With it you can include an arbitrary, numeric value for each user set when you create a seed custom audience from CRM data. Facebook uses this to determine which users in an audience are worth the most to you, in a quantifiable way.
To use this product, you must agree with the value-based lookalike terms of services for every ad account using this feature. See Terms of Service.
Create
Step 1: Create a Value-Based Custom Audience
This is a specialized multi-key custom audience that you create with the parameter is_value_based.
You need to populate the new audience with supported identifiers and with the schema key LOOKALIKE_VALUE. You can represent lookalike values by either an integer or floating-point arbitrary non-negative number.