And best of all, they're pretty much free. (Besides my cats like to eat the bows I try to put on presents, but they leave these alone.)
Step 1: Gather Supplies
A catalog from the mail
Red and green construction paper, or card stock.
I find the flower catalogs work really well, and I get a lot of them.
Step 2: Cut Out Some Flowers
Step 3: Circles and Leaves
Step 4: Put It Together
First put the fastener through the red circle, then some small flowers, then medium, then large.
Finish it off with a leaf or two, then open the fastener and you're done.
Step 5: Final Touch
Easier than tying a bow, and you don't have to buy any ribbon. Also better looking than writing on the package with a sharpie. (which is what I usually do)