In the Variation Monster plugin, enabling the “Show Discount Badge” option will display a badge on each variation that has a discount applied. This badge helps highlight the discounted products within the variation list, making them more noticeable and attractive to customers. You can also customize the badge’s background color, text color, label (e.g., “% OFF” or “OFF”), and position to match your store’s branding and design.

After enabling it, it shows like the image below