diff --git a/packages/js/product-editor/changelog/update-product-editor-introduce-button-with-dropdown-menu-cmp b/packages/js/product-editor/changelog/update-product-editor-introduce-button-with-dropdown-menu-cmp
new file mode 100644
index 00000000000..fc3d53720fe
--- /dev/null
+++ b/packages/js/product-editor/changelog/update-product-editor-introduce-button-with-dropdown-menu-cmp
@@ -0,0 +1,4 @@
+Significance: patch
+Type: add
+
+[Product Block Editor]: Introduce ButtonWithDropdownMenuProps component
diff --git a/packages/js/product-editor/src/components/button-with-dropdown-menu/Readme.md b/packages/js/product-editor/src/components/button-with-dropdown-menu/Readme.md
new file mode 100644
index 00000000000..3407ec64325
--- /dev/null
+++ b/packages/js/product-editor/src/components/button-with-dropdown-menu/Readme.md
@@ -0,0 +1,27 @@
+# ButtonWithDropdownMenu Component
+
+## Description
+
+The `ButtonWithDropdownMenu` is a React component that renders a button with an associated dropdown menu. It provides flexibility in configuring the dropdown's content, appearance, and behavior.
+
+## Usage
+
+```jsx
+import { ButtonWithDropdownMenu } from 'path_to_component';
+
+<ButtonWithDropdownMenu
+    text="Add to store"
+    variant="secondary"
+    controls={ [
+        {
+            title: 'First Menu Item Label',
+            onClick: () => console.log( 'First option clicked' ).
+        },
+        {
+            title: 'Second Menu Item Label',
+            onClick: () => console.log( 'Second option clicked' ).
+        },
+    ] }
+    onButtonClick={() => console.log( 'Button clicked' ) }
+/>
+```
\ No newline at end of file
diff --git a/packages/js/product-editor/src/components/button-with-dropdown-menu/index.tsx b/packages/js/product-editor/src/components/button-with-dropdown-menu/index.tsx
new file mode 100644
index 00000000000..b3d35a64d9d
--- /dev/null
+++ b/packages/js/product-editor/src/components/button-with-dropdown-menu/index.tsx
@@ -0,0 +1,71 @@
+/**
+ * External dependencies
+ */
+import { createElement } from '@wordpress/element';
+import { chevronDown } from '@wordpress/icons';
+import { Button, DropdownMenu, Flex, FlexItem } from '@wordpress/components';
+import { __ } from '@wordpress/i18n';
+/**
+ * Internal dependencies
+ */
+import type { ButtonWithDropdownMenuProps } from './types';
+
+export const ButtonWithDropdownMenu: React.FC<
+	ButtonWithDropdownMenuProps
+> = ( {
+	text,
+	dropdownButtonLabel = __( 'More options', 'woocommerce' ),
+	onButtonClick = () => {},
+	controls = [],
+	variant = 'primary',
+	defaultOpen = false,
+	popoverProps: {
+		placement = 'bottom-end',
+		position = 'bottom left left',
+		offset = 0,
+	} = {
+		placement: 'bottom-end',
+		position: 'bottom left left',
+		offset: 0,
+	},
+} ) => {
+	return (
+		<Flex
+			className="woocommerce-button-with-dropdown-menu"
+			justify="left"
+			gap={ 0 }
+			expanded={ false }
+			role="group"
+		>
+			<FlexItem role="none">
+				<Button
+					variant={ variant }
+					onClick={ onButtonClick }
+					className="woocommerce-button-with-dropdown-menu__main-button"
+				>
+					{ text }
+				</Button>
+			</FlexItem>
+
+			<FlexItem role="none">
+				<DropdownMenu
+					toggleProps={ {
+						className:
+							'woocommerce-button-with-dropdown-menu__dropdown-button',
+						variant,
+					} }
+					controls={ controls }
+					icon={ chevronDown }
+					label={ dropdownButtonLabel }
+					popoverProps={ {
+						placement,
+						// @ts-expect-error no exported member.
+						position,
+						offset,
+					} }
+					defaultOpen={ defaultOpen }
+				/>
+			</FlexItem>
+		</Flex>
+	);
+};
diff --git a/packages/js/product-editor/src/components/button-with-dropdown-menu/stories/index.tsx b/packages/js/product-editor/src/components/button-with-dropdown-menu/stories/index.tsx
new file mode 100644
index 00000000000..6b47d4f6856
--- /dev/null
+++ b/packages/js/product-editor/src/components/button-with-dropdown-menu/stories/index.tsx
@@ -0,0 +1,52 @@
+/**
+ * External dependencies
+ */
+import React from 'react';
+
+/**
+ * Internal dependencies
+ */
+import { ButtonWithDropdownMenu } from '../';
+import type { ButtonWithDropdownMenuProps } from '../types';
+
+export default {
+	title: 'Product Editor/components/ButtonWithDropdownMenu',
+	component: ButtonWithDropdownMenu,
+};
+
+export const Default = ( args: ButtonWithDropdownMenuProps ) => {
+	return (
+		<div
+			style={ {
+				display: 'flex',
+				justifyContent: 'center',
+				minHeight: '300px',
+			} }
+		>
+			<ButtonWithDropdownMenu { ...args } />
+		</div>
+	);
+};
+
+Default.args = {
+	text: 'Add to store',
+	dropdownButtonLabel: 'More options',
+	variant: 'secondary',
+	defaultOpen: false,
+	popoverProps: {
+		placement: 'bottom-end',
+		position: 'bottom left left',
+		offset: 0,
+	},
+	controls: [
+		{
+			title: 'First Menu Item Label',
+			onClick: function noRefCheck() {},
+		},
+		{
+			onClick: function noRefCheck() {},
+			title: 'Second Menu Item Label',
+		},
+	],
+	onButtonClick: console.log, // eslint-disable-line no-console
+};
diff --git a/packages/js/product-editor/src/components/button-with-dropdown-menu/style.scss b/packages/js/product-editor/src/components/button-with-dropdown-menu/style.scss
new file mode 100644
index 00000000000..ce23eda6738
--- /dev/null
+++ b/packages/js/product-editor/src/components/button-with-dropdown-menu/style.scss
@@ -0,0 +1,19 @@
+.woocommerce-button-with-dropdown-menu {
+	&__main-button {
+		border-top-right-radius: 0;
+		border-bottom-right-radius: 0;
+	}
+
+	&__dropdown-button {
+		border-top-left-radius: 0;
+		border-bottom-left-radius: 0;
+
+		&.is-opened svg {
+			transform: rotate( 180deg ); // @todo: consider to set the is-opened in the local state
+		}
+	}
+}
+
+.woocommerce-button-with-dropdown-menu.components-flex {
+	gap: 1px;
+}
diff --git a/packages/js/product-editor/src/components/button-with-dropdown-menu/types.ts b/packages/js/product-editor/src/components/button-with-dropdown-menu/types.ts
new file mode 100644
index 00000000000..73995282d8e
--- /dev/null
+++ b/packages/js/product-editor/src/components/button-with-dropdown-menu/types.ts
@@ -0,0 +1,50 @@
+/**
+ * External dependencies
+ */
+import { Button } from '@wordpress/components';
+import type {
+	// @ts-expect-error no exported member.
+	DropdownOption,
+} from '@wordpress/components';
+
+type ButtonVariant = Button.ButtonProps[ 'variant' ];
+
+type PositionYAxis = 'top' | 'middle' | 'bottom';
+type PositionXAxis = 'left' | 'center' | 'right';
+type PositionCorner = 'top' | 'right' | 'bottom' | 'left';
+
+type PopoverPlacement =
+	| 'left'
+	| 'right'
+	| 'bottom'
+	| 'top'
+	| 'left-end'
+	| 'left-start'
+	| 'right-end'
+	| 'right-start'
+	| 'bottom-end'
+	| 'bottom-start'
+	| 'top-end'
+	| 'top-start'; // @todo: pick from core
+
+type popoverPosition =
+	| `${ PositionYAxis }`
+	| `${ PositionYAxis } ${ PositionXAxis }`
+	| `${ PositionYAxis } ${ PositionXAxis } ${ PositionCorner }`;
+
+type popoverProps = {
+	placement?: PopoverPlacement;
+	position?: popoverPosition;
+	offset?: number;
+};
+
+export interface ButtonWithDropdownMenuProps {
+	text: string;
+	dropdownButtonLabel?: string;
+	variant?: ButtonVariant;
+	defaultOpen?: boolean;
+	controls?: DropdownOption[];
+
+	popoverProps?: popoverProps;
+	onButtonClick?: () => void;
+}
diff --git a/packages/js/product-editor/src/components/index.ts b/packages/js/product-editor/src/components/index.ts
index c0f9581976c..ae1eda29315 100644
--- a/packages/js/product-editor/src/components/index.ts
+++ b/packages/js/product-editor/src/components/index.ts
@@ -65,3 +65,4 @@ export {
 } from './block-slot-fill';
 
 export { Label as __experimentalLabel } from './label/label';
+export { ButtonWithDropdownMenu as __experimentalButtonWithDropdownMenu } from './button-with-dropdown-menu';
diff --git a/packages/js/product-editor/src/style.scss b/packages/js/product-editor/src/style.scss
index 200504cc7c6..b7dc8253b2a 100644
--- a/packages/js/product-editor/src/style.scss
+++ b/packages/js/product-editor/src/style.scss
@@ -40,6 +40,7 @@
 @import "components/checkbox-control/style.scss";
 @import "components/add-products-modal/style.scss";
 @import "components/advice-card/style.scss";
+@import "components/button-with-dropdown-menu/style.scss";
 
 /* Field Blocks */