Do banner ads have a very low conversion rate?

Well, butter my biscuits and color me intrigued! We're diving into the riveting world of banner ads today, folks! Now, I know some of you may believe that banner ads are about as effective as a chocolate teapot, and you're not entirely wrong! Statistics show that these flashy distractions have a pretty low conversion rate. But hey, even a blind squirrel finds a nut sometimes, right? So, while they might not be the Michael Jordan of advertising, they sure aren't a benchwarmer either!