If you know the url to your app catalog or are using a site collection app catalog, you can skip to step 6.
- Login to your Office 365 admin center page with an administrator account;
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Open the app launcher and click on Admin;
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Open your SharePoint Admin Center;
If you can’t find the apps button, look for add-ins.
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On the left pane, click on apps and then App Catalog;
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Inside, on the left pane, click on Apps for SharePoint;
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Now click on Upload and upload the .sppkg file that's inside the spfx folder in your web part package. Replace the file if prompted;
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Deploy the solution once again.
And that's it! Your web part is now upgraded. ✅