I found these cute marshmallow lollipops at the Dollar Tree this year and thought they would be great to top presents with. I found the paper at World Market and the ribbon at Michael's, all on sale.
You can also find colorful gift bags at Michael's at Walmart. They are a blank canvas for you to decorate. The foam and alphabet stickers came from Hancock Fabrics. (Click to enlarge, if desired).
All this takes is a little forethought. Putting them together takes only minutes.