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The audience and the ads presented. makes sense, no? The strongest CPM's occur where care and thought is given to the brand presented. Too often we see the jiggly warning banners that advise you are experienceing a security situation. Blah. Only visitors clicking on these parasitic ads are troglydytes.
The other ad variety most often found are the text link ads. Again, these miss the target by a mile.
thank you for posting the truth, Neil!