diff --git a/plugins/woocommerce-admin/client/launch-your-store/settings/slotfill.js b/plugins/woocommerce-admin/client/launch-your-store/settings/slotfill.js
index c250bfb404e..7f84ed2251b 100644
--- a/plugins/woocommerce-admin/client/launch-your-store/settings/slotfill.js
+++ b/plugins/woocommerce-admin/client/launch-your-store/settings/slotfill.js
@@ -48,7 +48,7 @@ const SiteVisibility = () => {
 		setting?.woocommerce_private_link || 'no'
 	);
 	const [ hideAdminBarBadge, setHideAdminBarBadge ] = useState(
-		setting?.woocommerce_hide_admin_bar_badge || 'no'
+		setting?.woocommerce_coming_soon_hide_admin_bar_badge || 'no'
 	);
 	const formRef = useRef( null );
 	const saveButtonRef = useRef( null );
@@ -71,10 +71,16 @@ const SiteVisibility = () => {
 			comingSoon: setting.woocommerce_coming_soon,
 			storePagesOnly: setting.woocommerce_store_pages_only,
 			privateLink: setting.woocommerce_private_link || 'no',
-			hideAdminBarBadge: setting.woocommerce_hide_admin_bar_badge || 'no',
+			hideAdminBarBadge:
+				setting.woocommerce_coming_soon_hide_admin_bar_badge || 'no',
 		};
 
-		const currentValues = { comingSoon, storePagesOnly, privateLink, hideAdminBarBadge };
+		const currentValues = {
+			comingSoon,
+			storePagesOnly,
+			privateLink,
+			hideAdminBarBadge,
+		};
 		const saveButton = document.getElementsByClassName(
 			'woocommerce-save-button'
 		)[ 0 ];
@@ -83,7 +89,8 @@ const SiteVisibility = () => {
 				initValues.comingSoon === currentValues.comingSoon &&
 				initValues.storePagesOnly === currentValues.storePagesOnly &&
 				initValues.privateLink === currentValues.privateLink &&
-				initValues.hideAdminBarBadge === currentValues.hideAdminBarBadge;
+				initValues.hideAdminBarBadge ===
+					currentValues.hideAdminBarBadge;
 		}
 	}, [ comingSoon, storePagesOnly, privateLink, hideAdminBarBadge ] );
 
@@ -138,7 +145,7 @@ const SiteVisibility = () => {
 			<input
 				type="hidden"
 				value={ hideAdminBarBadge }
-				name="woocommerce_hide_admin_bar_badge"
+				name="woocommerce_coming_soon_hide_admin_bar_badge"
 			/>
 			<h2>{ __( 'Site visibility', 'woocommerce' ) }</h2>
 			<p className="site-visibility-settings-slotfill-description">
@@ -158,13 +165,19 @@ const SiteVisibility = () => {
 			</p>
 			<ToggleControl
 				label={ __( 'Hide admin bar badge', 'woocommerce' ) }
-				help={ __( 'Hide the site visibility badge from the admin bar.', 'woocommerce' ) }
+				help={ __(
+					'Hide the site visibility badge from the admin bar.',
+					'woocommerce'
+				) }
 				checked={ hideAdminBarBadge === 'yes' }
 				onChange={ ( checked ) => {
 					setHideAdminBarBadge( checked ? 'yes' : 'no' );
-					recordEvent( 'site_visibility_hide_admin_bar_badge_toggle', {
-						enabled: checked,
-					} );
+					recordEvent(
+						'site_visibility_hide_admin_bar_badge_toggle',
+						{
+							enabled: checked,
+						}
+					);
 				} }
 			/>
 			<div className="site-visibility-settings-slotfill-section">
diff --git a/plugins/woocommerce/src/Admin/API/Options.php b/plugins/woocommerce/src/Admin/API/Options.php
index 836886fec81..be55091f071 100644
--- a/plugins/woocommerce/src/Admin/API/Options.php
+++ b/plugins/woocommerce/src/Admin/API/Options.php
@@ -219,6 +219,7 @@ class Options extends \WC_REST_Data_Controller {
 			'woocommerce_admin_customize_store_completed_theme_id',
 			'woocommerce_admin_customize_store_survey_completed',
 			'woocommerce_coming_soon',
+			'woocommerce_coming_soon_hide_admin_bar_badge',
 			'woocommerce_store_pages_only',
 			'woocommerce_private_link',
 			'woocommerce_share_key',
diff --git a/plugins/woocommerce/src/Admin/Features/LaunchYourStore.php b/plugins/woocommerce/src/Admin/Features/LaunchYourStore.php
index 3bfff4518fe..bd71e2aa5f4 100644
--- a/plugins/woocommerce/src/Admin/Features/LaunchYourStore.php
+++ b/plugins/woocommerce/src/Admin/Features/LaunchYourStore.php
@@ -41,6 +41,7 @@ class LaunchYourStore {
 			'woocommerce_coming_soon'      => array( 'yes', 'no' ),
 			'woocommerce_store_pages_only' => array( 'yes', 'no' ),
 			'woocommerce_private_link'     => array( 'yes', 'no' ),
+			'woocommerce_coming_soon_hide_admin_bar_badge'     => array( 'yes', 'no' ),
 		);
 
 		$event_data = array();
@@ -124,6 +125,7 @@ class LaunchYourStore {
 				'woocommerce_store_pages_only' => get_option( 'woocommerce_store_pages_only' ),
 				'woocommerce_private_link'     => get_option( 'woocommerce_private_link' ),
 				'woocommerce_share_key'        => get_option( 'woocommerce_share_key' ),
+				'woocommerce_coming_soon_hide_admin_bar_badge'        => get_option( 'woocommerce_coming_soon_hide_admin_bar_badge' ),
 			);
 		}
 
diff --git a/plugins/woocommerce/src/Internal/ComingSoon/ComingSoonAdminBarBadge.php b/plugins/woocommerce/src/Internal/ComingSoon/ComingSoonAdminBarBadge.php
index 88bff9f6112..ab9fa09c5ae 100644
--- a/plugins/woocommerce/src/Internal/ComingSoon/ComingSoonAdminBarBadge.php
+++ b/plugins/woocommerce/src/Internal/ComingSoon/ComingSoonAdminBarBadge.php
@@ -30,7 +30,7 @@ class ComingSoonAdminBarBadge {
 	 */
 	public function site_visibility_badge( $wp_admin_bar ) {
 		// Early exit if LYS feature is disabled or if the badge is hidden.
-		if ( ! Features::is_enabled( 'launch-your-store' ) || get_option( 'woocommerce_hide_admin_bar_badge' ) === 'yes' ) {
+		if ( ! Features::is_enabled( 'launch-your-store' ) || get_option( 'woocommerce_coming_soon_hide_admin_bar_badge' ) === 'yes' ) {
 			return;
 		}
 
@@ -68,7 +68,7 @@ class ComingSoonAdminBarBadge {
 	 */
 	public function output_css() {
 		// Early exit if LYS feature is disabled.
-		if ( ! Features::is_enabled( 'launch-your-store' ) ) {
+		if ( ! Features::is_enabled( 'launch-your-store' ) || get_option( 'woocommerce_coming_soon_hide_admin_bar_badge' ) === 'yes' ) {
 			return;
 		}