The Clone button on a product quickly creates a new product with the same information as the existing product. Cloning products also creates any price book entries in price books that you can view.
1. Price book entries in price books that you do not have sharing access to will not be created.
2. If you have read-only access to a field, the value of that field is not carried over to the cloned record.
Steps to Clone:
1. Click Clone on an existing product.
2. Enter or change any information for the new product.
3. Click Save.