To add tags to your Opportunity, go to ‘More’ and choose ‘Activity Tags’.

Select a tag by clicking on it. You can also create a new tag by clicking ‘Create New’.

To create a new Tag, enter a name, a level and choose a colour. Then click ‘Submit’.
Private: Only you can see and use these Tags.
Company: Everyone in your Organisation can see and use these Tags.

You can delete the tags from your Opportunity by clicking the ‘x’ next to each tag.
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Next Step: Deleting an Opportunity