It does not surprise me at all that banner ads have very low or no CTR. As you are aware, most surfers today probably do not even see them. Thanks to the bright flashing banners of the late 90s and early 2000s (and some sites still carry similar ones) most web surfers ignore them.
Sometimes, banner ads pay per thousand impressions, so maybe that's why you still see them around... but when I have looked into this a while ago, I think it was somewhere around 30-40 cents per thousand impressions... so if I have one of these banners in a page that gets 1000 visits per day (which is pretty good traffic), I would make 30-40 cents that day... so it seems hardly worth it.
I wonder if there are techniques, such as ad placement, or maybe certain banners are dynamic and might have a higher CTR...
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