I can’t pretend that this is my idea, I found it on this brilliant site http://www.skiptomylou.org/2009/05/18/caterpillar-clips/ and just had to have a go.
Using pegs, small pom poms, wobbly eyes and a strip of self adhesive magnetic tape on the bottom, how simple? These would be brilliant for children to make for presents for Grandparents, Aunties, Uncles etc..