My favorite color is red.  Do you have a favorite color? 
Red is a good color, but I think I prefer pink, which is similar. I never knew it was named after a flower of the same name!
What is your favorite shade of pink? My favorite shade of red is crimson.
I prefer baby pink, I like the lighter shade of it, it's just so appealing to me, the name pink has been around for a long time, since the late 17th century!