If you need simple, quick gift bags for your students to make this is the idea I go back to year after year. You just need a white bag, bow, and green and red paint. I trace a circle on the bag in pencil and then the student dips a finger into green paint and dabs around the circle. When the green paint dries, the student can then dab a few red dots around the circle. I hot glue a bow on and then the bag is ready for a gift!
These are the cards I just finished making for Reindeer Noses gift bags for my co-workers. You simply just put some Whoppers Candy and a red gum ball (for Rudolph's nose) in a baggie and then place some type of tag labeled "Reindeer Noses" attached to it.