This Photoshop tutorial will teach you how to create text that looks like it’s been parcel wrapped and ready to ship.
To start off, choose the gradient tool (circled in red) and then open up the gradient editor (image 1), by clicking on the area circled in green (image 2). There should be 2 marker points already present for the current gradient. Make each of them a light brown color, such as B1B093. Create a marker at location 25% using a lighter shade(EFEEBE) for the color. Make another marker in the center at location 50%, using FDFDE7 for the color. Finally create a marker at location 75%, using EFEEBE. Now make some large thick text, which will be used as a template, using something like Arial Black 150 pt. Create a new layer inside a new layer set. Use the rectangular marquee tool to create a small rectangular selection, and then create a gradient on a new layer, by dragging the length of the selection.
Next we’re going to cut the gradient to make it look irregular. Zoom in to 200% and use the elliptical marquee tool to delete the top part of the gradient, creating an inward curve. Create another selection (image 5), using it to cut (layer via cut) the layer into two. Delete the bottom part and then create a taller oval selection to cut the layer from the left hand side (image 6).
Do the same to the right hand side, using a large selection. Place the layer at the bottom, make a duplicate of it and then move it to the top of the letter (image 8). You should now have 2 gradient layers inside the layer set. Use the transform tool (edit > transform) to scale and rotate the duplicate, so that it’s roughly the width of the upper part of the letter. Duplicate the layer and then flip it horizontally (edit > transform > flip horizontal), as shown in image 9).