I love to use baubles when wrapping presents. That was the person gets to keep them as well as the gift. In my experience people love it and usually the baubles make it onto their tree. Love that somebody else has a little decoration on their tree that I gave to them. Here is a couple of samples. I ALWAYS use ribbon as well :)
These are actually empty boxes that I wrap into a gift and then put them on top of my cabinets/bookcase.