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Banner Ads

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Do you think banner ads still work to get more clicks in adsense or other ppc advertising? Or do you prefer text links?
 
I prefer CPM Banners over PPC as I can get 20 clicks out of a 1000 banner, and a banner tells you all about the site more info text. PPC performs better for me as a publisher but not so good as an advertiser but then my ads my just suck.
 
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