This year, I'm taking part in the Savvy Girls' "Swapetition". A swap is like a Secret Santa gifting circle where all participants are given a name to whom they give a package of gifts (for under $30). The "competition" portion of "swapetition" means that there are prizes to those who give the best gifts. This involves a bit of stalking the other person via Ravelry, blogs, and other places to find out what best things to give to your recipient.
Because the Savvy Girls is (technically) a knitting podcast, one of the rules is that you must include a handmade gift that you made (of any given craft). Luckily, for my recipient, I'm somewhat proficient in several different types of crafts.
One of the things I have created for my swap recipient are some stitch markers. In my stalking of her, she mentions in one of her Ravelry posts that she always loses her stitch markers and wanted to get some pretty ones. So, using some of the beading stash (and bought some pretty glass on sale), I made her markers that I like using (that I learned from Cat Bordhi).
They include letters (i.e. A, B, C) in order to denote potential differences in lace or cable patterns. I hvae found them very useful in the past.
And of course, I took the time to make myself some stitch markers as well. :-)