Absolutely. We offer lifetime free updates on all the extensions including Magento 2 Product Labels Extension. You'll get to download the latest version of extension you've purchased as and when it's released.

Read this guide on How to Create and Configure Product Labels in Magento 2 Store to setup this extension.

Here are the few more resource to help you get most out of this Magento 2 Product Labels Extension.

• Top 4 Tips for Optimizing Custom Product Labels In Magento 2.
• How to Create Shipping Labels in Magento 2.
• 7 Advantages of Using Magento Product Labels in Your Online Store.
• Maximize Conversions With Our All-new Magento 2 Product Labels Extension.