Diane Gilleland has not one but two great tutorials for turning a crafty eBook into a perfect gift.
As she puts it:

Last year, I didn’t talk much about crafty ebooks during the holidays, because let’s face it – as cool as they are, it can be hard to give them as gifts, since there’s not really anything tangible to give.
…Which got me thinking: what could you do to make them tangible – and crafty? So I came up with a whole bunch of cool ways you could buy someone an indie crafty ebook as a gift, and also turn it into something really cool to wrap up and put under the tree.

Plus it’s a perfect last-minute gift idea!