With that option, you can create a new product from existing product variations just in one click. That will help to save tons of time from managing your website.
Choose your product which you want to split up. Go to the Product data section → Variations → Select a variation you want to split as separate product → Click the Split Up button:
You will get this particular Variation as a separate product:
Note: Update that product after the split.
Done! For any further questions, please contact our Support Team – firstname.lastname@example.org.