Sam owns a grocery store, and he is considering carrying a private label brand, his own product, called "Sammy's Favorite." What are the advantages of a private label brand? Select all that apply and are true.

He can earn more profit own a private label.

He avoids the risk of a manufacturer brand dropping a product or becoming competition

Private label brands can create customer loyalty to his store, because he's the only one with that brand

There is less pressure to mark down the price of his products to match other stores' prices