
As you can see in Google's AdSense ad locations heatmap:
- Ads closer to the center of the page tend to perform better.
- Ads above the fold tend to perform better than those below the fold.
- Studies show that ads placed at the end of articles tend to do well, even though they're below the fold.
- Ads placed near site navigation or by images or other rich content tend to do well, too.
It's most important to consider your users, though, and their behavior at your specific site and with each specific page at your site.
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