Preheat the oven to 350 F.
Combine the cake mix, and jello mix into a large bowl. Whisk until well incorporated.
Add in the eggs, 1 cup vegetable oil, and water. Mix until well combined.
Pour the cake batter into a lightly greased/oiled 9x13 bake dish.
Bake in the oven for 30-35 minutes.
Remove the cake, and let it cool completely.
Once cool, crumble the cake into a large bowl.
Add in the frosting, and mix until everything is well incorporated, and resembles dough.
Scoop out the mixture, and form into small balls.
Melt down the vanilla chips ( I microwaved in 15 sec increments).
Once the vanilla chips are melted, and 1-2 tbsp of vegetable oil( to thin out), and mix until well combined.
Dip the cake balls into the vanilla, then place into mini cupcake cups.
Let them sit until the vanilla hardens ( you may place them in the refrigerator).
Once all the cake balls are dipped, add red food coloring into the remaining melted vanilla.
Mix until its all one color.
Drizzle the cake balls with the pink vanilla.
Let harden, then place in desired can or box.