Citadel Bloodreaver Flesh Layer Paint is designed to be multi-layered. This red-pink color is slightly transparent, so you can use it to build your color over several layers until you're happy with it. Now the paint does require a bit of practice to use, but the results are well worth it.
The layer paints are best used as a 2-step highlight, so two paints for each color but this is a guideline. For example, Bloodreaver Flesh can be combined with Knight-Questor Flesh. You start with the darker of the two and apply it to the surfaces that you eventually want to provide this red-pink color.
Because the paint is a bit transparent you will continue to see the base color a bit, but by using Bloodreaver Flesh together with Knight-Questor Flesh you can use that transparency to apply the layers. If you apply the lightest color after the darkest color in maybe 1 or two layers, the last highlight of the lightest color will ensure that you have a great result.