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In this short video, the speaker explains that Facebook offers two kinds of lookalike audiences: dynamic lookalikes, which continuously refresh based on incoming pixel data, and static lookalikes, which are fixed once created. The speaker notes that recent iOS privacy changes have dramatically reduced the amount of conversion data (e.g., purchase events) that Facebook receives via the pixel. Because dynamic lookalikes rely on a steady stream of fresh data, the loss of pixel signals makes them increasingly inaccurate and unreliable. As a result, many advertisers have observed a noticeable drop in campaign performance when using dynamic lookalike audiences, while static lookalikes remain unaffected.

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