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Product differentiation
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== Horizontal product differentiation == Horizontal differentiation seeks to affect an individual's subjective decision-making, that is the difference cannot be measured in an objective way. For example, different color versions of the same iPhone or MacBook. A lemon ice cream is not superior to a chocolate ice cream, is completely based on the user's preference. A restaurant may price all of its desserts at the same price and lets the consumer freely choose its preferences since all the alternatives cost the same.<ref>{{cite web|last1=Piana|first1=Valentino|title=PRODUCT DIFFERENTIATION|url=http://www.economicswebinstitute.org/glossary/product.htm#horizontal|publisher=Economics Web Institute}}</ref> A clear example of Horizontal Product Differentiation can be seen when comparing Coca Cola and Pepsi: if priced the same then individuals will differentiate between the two based purely on their own taste preference.
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