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If you decide that you no longer wish to pursue a Product however, it could be something that you would like to consider in the future, you can Archive the Product. This can be done by either Viewing or Editing the Product and from there, select Archive.
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From the summary page, click on either view or edit.
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Whether you are in view or edit mode, the Archive button is in the top right corner. Just click on it to archive the Product.
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Once you have Archived a Product, you will get a confirmation message and the Status of your Product will be changed to Archived.
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