I have been using google adsense, I have been getting lots of page impressions but not enough actual clicks on my ads. Would there be a way for me to turn these page impressions into profit?
Well it all depends on what kind of site you are running, the traffic coming, how long they are staying on your site, and how the ads are placed.... This is a real board question bro.... you gotta be more specific before anyone can help you out.
You should read the thread in this section about why ugly themes convert better. The main things that change my CTR is the themes on my blog and the positioning of the adverts, often users can become "ad blind" to adverts in certain areas. eg. The sidebar.
There really is a ton of information online about this kind of thing and a simple google should help you.
Besides what the other guys pointed out. Take a look at other big sites that use AS and notice how they do it. They're doing it that way for a reason. (because they tested and it works)
I notice mostly the ads mixed a couple paragraphs down in an article, it almost looks like the ad is part of the article. (keeping the font size etc. the same).