Preheat the oven and prepare a cupcake tray with liners.

In a bowl, cream together the softened butter and sugar until light and fluffy.

Add the eggs one at a time, mixing well after each addition.

Stir in the milk and vanilla extract.

In a separate bowl, combine the flour, baking powder, and salt.

Gradually add the dry ingredients to the wet mixture, mixing until just combined.

Add the pink food coloring and mix until the desired color is achieved.

Fill the cupcake liners with the batter and bake in the preheated oven for 15 minutes or until a toothpick inserted in the center comes out clean.

Let the cupcakes cool completely before frosting.

For the frosting, beat together the softened butter, powdered sugar, heavy cream, vanilla extract, and pink food coloring until smooth and fluffy.

Frost the cooled cupcakes as desired.