This is something I came up with a looooooooong time ago because I needed to wrap a present late one night and couldn't find a box or gift bag (I live out in the country-25 minutes from town/shopping). First I sealed both ends of an empty cereal box, cut it in half, covered it with three pieces of 8x8 (Brighten My Day designer collection papers), punched a hole in each side with the crop-a-dile, inserted a 'twisted paper' handle (that I'd recycled from a ripped shopping bag) and it took only 5-10 minutes to make.
Remember that you can click on ANY of the pictures to see a larger version. I 'roughed' up the edges of the cow image before I adhered it to the box...but it doesn't show up very well, even when enlarged. I still need to add ribbon to the handle to finish it off. I hope you'll try it!