I agree with Jakez I would leave the most eye catching ads where they are as they get the most clicks. If its relevant to your niche then I'm sure it would make you more sales.
Having well written and easy to read text does help a lot with bounce rate. You want your visitors to at least navigate to a second page. Put a nice quality image at the top of your blog can work wonders aswel.
I like to put related pictures directing to other posts on my blog so when they click on 1 post they may click the related links and would increase there time spent on your blog.
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