Updating products individually
Select "My Catalog" tab, and the part you want to mark as universal.
Select "Part Details" and toggle the "Universal part" button.
Updating products in bulk
You can also update a large number of products in bulk.
Export your inventory by clicking "Export" on the top right.
Edit the file export (.csv) in a spreadsheet. Keep the SKU and IsUniversal column headers. Enter either TRUE or FALSE.
Save that file, and reupload it in the Import File window. Select "Import", then "Products" then upload your file. Click "Upload"