Step 1: Login with your credentials
Step 2: Hover over the sidebar on the left side to access the hamburger menu
Step 3: Click on 'Settings' to expand, then click 'Product Status'
Step 4: On the top right corner, click the 'Create' button
Step 5: Create Product Status page is displayed
Step 6: Enter the required fields
Step 7: Click on the 'Save' button