After successful plugin installation you should change some WooCommerce options:
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Go to WooCommerce > Settings > Products and set following recommended dimensions:
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Admin Panel > WooCommerce > Settings > Payments to Select Payment Method.
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Admin Panel > WooCommerce > Settings > Shipping to change the Shipping settings.
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Admin Panel > WooCommerce > Settings > Accounts & Privacy
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Admin Panel > WooCommerce > Settings > Advanced to Select the Checkout Process and Cart Page and Account Page.
You can change how many days to display “new label” of product here too.