Despite being a huge underperformance (1.3M sales - #29 peak), it was really huge in pop culture and still is a big streaming hit even in 2016.
It has 100M+ plays on Spotify and still gains about 200k views a day on Youtube.
Can we say it is the most iconic flop single? If not, which one is?
I don't think so. There are a lot of iconic songs that never made it into the Top 40. Purple Haze, Solsbury Hill, Forever Young, My Generation, Rock Lobster and Once in a Lifetime, just to name a few.