Sounds like a smart endeavor if it works, if you ask me. For example, Apple has had success by laying claim to the letter "i," with iPhone, iPod, and other "iTems." Overstock went for the "O" with its seemingly short-lived "It's all about the O" campaign, and its logo of a giant, ubiquitous O in its marketing materials. There are undoubtedly other similar claims to letters, numbers, or other frequently used symbols or words, depending on how deep you care to go.
Interestingly, in addition to owning the letter Q, QVC is also going after the other popular trend of verb-ing your company's name, by coining the phrase "I Q, do you?". Consider other instances of companies verb-ing their names:
- "You should Google your last name to find out who's talking smack about you."
- "I'll be right there, I just have to Xerox my buttocks for the office bulletin board."
- "I need to Windex my computer screen because I just sneezed all over it."
Ultimately, if QVC succeeds in getting its "Q" out into the common vernacular, both as a letter and a verb, it will be quite an aqqomplishment, err, accomplishment since it will take time and persistence to change people's speaking habits. Owning a letter or verb-ing your company name can be a powerful step in building your brand recognition.
Now please pardon me while I chow down on some alphabet soup for lunch...
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