I have made several "Tag blankets". They are really simple to make. My grandson loves his. I cut the ribbons three inches in length and tack them down around the edges of the wrong side of the fabric. I sew the back on with right sides together leaving an opening then turn it right side out. I hand stitch the opening. I sew a decorative top stitch 1/2" from the edge. This method ensures the tabs are sewn down tightly. Remember, never use monofilament on a baby quilt. These sell very well at craft fairs. Sometimes I add an applique. You can also embroider if you are lucky enough to have an embroidery machine.