I used Haloderm, a mole removal cream, and the mole fell off but left a red circle where it was. How can I get rid of it? (Photo

In February, I used Haloderm because it had many good reviews. The mole fell off, but left a pink circle in its place that looks worse that it looked before. How can I get rid of it? It has been there for about 4 months now and I feel really uncomfortable wearing short sleeves now.