Open a new canvas 400x400 and fill with white. Open up your tube too.
Copy/Paste your tube onto your canvas and resize it. Mine was by 60%.

Click on the Ellipse Tool and with the fill (no stroke) pick a dark colour from your tube.

Draw a circle behind your tube layer, see mine as a guide. And then turn it into a Raster layer.



Next duplicate that circle and with your deform tool move it down to the bottom of the top circle and squish it down so it's around half the size. It should look like your tube is sitting on it. You may have to pull it around to fit the tube.

Now behind the tube layer draw a small box and tilt it slightly as if it's peeking from behind your tube. For the fill use a lighter colour & no stroke. We will add a border to it later. You may have to rotate it depending on the version of PSP you're using. I rotated mine by 10 degrees to the left.

Now go back to your tube, not the layer on your tag but the original one.
Copy it and past it onto your canvas. Do not resize.
With your Move tool move it over the selected area till your happy, try and fill the whole selection if you can.



Go to Selections, Modify, Invert now press delete on your keypad.
Selections, Select None.

None you can get a bit creative here. With this part of the tube you can do whatever you like!

You could lower the opacity, change the blend mode, add a plugin or just leave it as it is. It's up to you!

For mine, I'm going to change the blend mode. If you've never played with blends before don't panic! It's super easy!

Firstly look at your layers, by now they should look something like this...I've renamed mine so you can see what is what.



Where it says 'Normal' is the blend part. At the moment it's normal, but if you click on that 'Normal' you'll see a long list of other blend modes. Try them all and see which one looks best for your tube. I'm using Soft Light for mine.

Now that is your basics for this tag.

Now add a border to that box by drawing it again. This time no fill & set the stroke to a dark colour (not the same as the circles). Set the width at 4. Add a drop shadow to it.



Next, on the top circle layer go to Effects, Artistic Effects, Halftone and use these settings



Drop shadow as before.

Now for the bottom circle, do the halftone effect again. And using Eye Candy 5's Textures plugin, pick Animal Fur with these settings:

Pattern:- Pattern type, Original Image. Draw Outside Selection ticked.
Hairs:- Main Hair Direction 30, Length 15.00, Strength 80, Spacing 800.00, Stiffness 100, Edge Cover 100.
Lighting:- Direction 20, Inclination 45, Brightness 29, Size 78, Colour white, Shadow Strength 85.
Or just play around and use different ones.

Add the drop shadow again.
Duplicate this layer and move it above your main tube. Now with your Freehand Selection Tool roughly select an area where the tube is, still with your new animal fur circle layer highlighted. See mine as a guide. It doesn't have to be exact as we will be feathering it next.



Now then...go to Selections, Modify, Feather 65 and press enter (or hit ok). Now you'll see your selection is a lot bigger. Do not worry about it, it should be like that. Now click on delete until you like what you see. I got mine twice so it looks like your tube is sitting on a plush furry rug.
Selections, Select None.

Now to make the background a bit more exciting rather than dull white, Make a new layer and fill it with your dark colour from the tube. Resize by 40% then Adjust, Blur, Gaussian Blur 30%. Then Effects, Texture Effects, Mosaic - Glass, use the default setting or your own.

And volia! That's your main tag done!
All that's left to do is crop, resize it down if it's too big for you & add credits.
Firstly, crop the white background and the best way to do that is to do this:-

Close out your white background layer and click on your crop tool. At the end you'll see 3 options underneath where it says 'Snap crop rectangle to:' Click on the last one and that will snap around your tag so you won't have any 'dead space' as my old art teacher used to say lol. Double click on the tag and you've cropped it perfectly without having any blunt edges.

Now re-open your white layer. If your tag is too big for you, them resize it. After resizing, add your credits...ALWAYS add your credits AFTER you've resized. If you don't your credits can get shrunk down too and depending on what font you use they can be unreadable. And that's sooooooo not a good look! :/

Now if you wanna animate you're tag read on...

Firstly you need to close out ALL layers apart from your box and the border of the box. Duplicate the box & the border twice so that all together there's 3 of each (including what you've done already).
Repeat the same steps as before to get a piece of your tube in there (with the same blend mode as before too). You need to do that twice more so that you have 3 boxes with tube pieces altogether (with borders too!).
I hope i'm not making this more confusing than it is...lol. Rename your 3 box layers 1, 2 & 3 If you want to.

Now close out all 3 of those layers so that NOTHING is showing, all layers are closed.
Re-open all the top layers (NOT THE BOXES). So that should be your credits layer, furry circle layer & full tube. Now merge visible & close that layer. Duplicate it twice.

Do the same for the bottom layers under your boxes.

Now re open 1 top layer, 1 of the boxes & 1 of the bottom layers. Merge visible.
Do this twice more so you now have 3 layers. They should all look like your original tag but have 3 different images in the boxes.

Now highlight the top layer and right click copy. Open Animation Shop and paste it as a New Animation. Do the same for the next layer down. This time when you go to paste it in AS, paste before or after current frame (it doesn't matter which one).
And then do the same with the last layer.

Now if you press 'View Animation' you'll find that it is going super fast. The default setting is a 10 frames per second. So we're going to slow it down.

In AS, make sure you have the 3 still frames selected not the animation. Go to Edit & scroll to the bottom and click Select All. Now right-click on them, but be careful not to de-select them and click on Frame Properties. Now choose what setting you want, I've gone for 50.

Now all you have to do is add your text & save it - volia!