When looking at our listing for Magnets - Multi Purpose. You will notice two magnetization types, Axial and Diametric. The difference between these two polarization can be viewed below.
Magnetization direction is along the axis. The north and south poles are located on the flat surfaces. Your standard refrigerator magnet will be an example of axially magnetized magnets.
Magnetization is across the diameter. The north and south poles are located on opposite sides of the curved surface.
Images sourced: https://www.kjmagnetics.com/blog.asp?p=magnetization-direction