Elements
Elements are the basic ingredients of a visual identity. Now, a logo is NOT a brand, but it is necessary. Elements are comprised of the logo, color palette, and typographic treatments.
So a logo is NOT a brand, neither is a color palette, and a typeface certainly isn't one either. But these are important parts of a brand.
A logo is NOT
a Brand.
In a perfect world, every element would reinforce brand personality. By choosing colors, font, and shapes that align with specific archetypal traits, a brand can communicate its identity more effectively.
The visual identity is an opportunity to communicate with the audience. And it affects them on a subconscious level. It is the ability to influence the emotions of others without ever saying a word. That is power.