Start off by drilling a hole in your wood tag. If you don’t want to use a drill you can just glue your ribbon to the back or top of your wood tag.
Next make a stencil out of contact paper or some kind of sticky backed removable paper. I started by measuring the surface of my wood tag then I cut my shapes/words out on my Cricut cutting machine. You could just as easily trace a design and cut it with an exacto-knife if you have a steady hand.
Press it onto your wood piece being careful to add any filler spaces and press all the edges down. Then dab a generous layer of Mod Podge onto the stencil and top with think layer of glitter.