Okay, after tinkering a little bit more with what I had...I think I'm finally happy with what this version.
I'm working with a BIG roll of jersey knit that's 1.5 wide. I've cut them down to: 1.5 x 3 strips.
Feed a needle through each strip back and forth...with strip overlapping the last.
When completed with last strip, pull thread tight so you cinch the pieces into a bow.
Wrap your thread around center a couple times, secure and tie off.
Take another strip 3/4 x 2 and tie a knot to cover your thread. You can either hot glue in place or sew the seams.
For a fuller bow/flower - use more strips. This is what 4 strips of fabric will produce in fullness. I wouldn't use less than 4 for jersey knit because your bow will look sad and wilted.
I guess you can use other fabrics to create the same effect. I'll try and report back.