Oral presentation of a message in the form of conversation with one or more prospective customers for the purpose of making sales is known as:

Personal Selling

The correct answer is Option (3) → Personal Selling

Personal selling involves a direct, oral, and personal presentation of a message to one or more prospective customers. The goal is to inform and persuade them to make a purchase. It's a two-way communication process that allows the salesperson to respond to a customer's specific questions and tailor the pitch to their individual needs and concerns.

• On-line Selling → Selling through digital platforms like websites or apps.

• Sales Promotion → Short-term incentives (discounts, coupons, offers) to boost sales.

• Tele Marketing → Selling through telephone calls