First we'll  make the background of the tag.
Open a transparant image of 600x450
Fill with  #f7f5f9
Copy the template-beautiful and paste as new layer.

Now we are going to work on our tube.
Remove the watermark and the color layers of the tube Sassy blonde
Duplicate with shift d.
Put one of the tubes aside its for later use.

Mirror the tube and resize 4x with 85% bicubic.
Duplicate this layer in your layer palet so you have now 2 the same tube layers.
Activate the bottom tube layer.
Filter --> Flaming Pear --> Solidify
Ajust --> Gausian blur 30.
Merge all layers.
Add a border 2 pixels #b45b73

Copy this image and paste as new layer on your own made background.
Put into the right upper corner see my preview.
Dropshadow 2 2 50 5 black

Duplicate this layer in your layerpalet and resize by 85% bicubic all layers NOT checked.
Put this picture a little to the left and downwards so it fits exactly into the corner of the bigger one.

Duplicate now this resized layer  with 85% bicubic and put it again in the left down corner like before.
 

Now you copy the original tube wich we put aside before.
Paste as new layer and put it to the left and and a little downwards so the hat is inside the image.
Dropshadow 0 0  90  25  black

Add a border 1 pix #b45b73
Add a border 10 pix wit.
Select this white border  with your magic want as follow:

Put your foreground color on #f7f5f9 and your backgroud color on #b45b73
Make with your foreground a foreground/backgroud gradient: lineair, angle 45, repeats 3, invert checked.
Fill your white border.
Gausiaans blur 30.
Filter --> Pentacom --> Dot and cross 75  10  2
Deselect.

Add a border 1 pix b45b73.

Copy the text tube and paste as new layer, put it into the right down corner.
Put your name and or watermark on it and save as .jpg

Here another example: