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Once you have the app enabled you will have a new menu option under Products:
Go to Products -> Discount codes -> Create
Add a custom discount code or use the one provided
Set the level of discount, by %
Set the Start date
Set the Expiry period by days, weeks, months or years (giving you full flexibility)
Optionally enable ‘multi-use codes’, if not enabled an email address will only be able to redeem the discount code one
Hit create
When you return to the Discount codes screen you will see a table with your new discount code and some useful information including the number of redemptions, items purchased with it and the total value.
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How to enable the feature