Adding a Redemption Code on an Item

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I am trying to set an merchandise item on our website where the customer would be required to enter essentially a redemption code prior to the customer being able to complete the sale of the item. There would be a redemption code for EACH item that we are selling. It would seem that this would be a variable item but would not have a set color or size. The only variable would be the redemption code that the customer would have to enter prior to the transaction could be completed. Is there a way to set up such an item in WooCommerce?

Thank you.