A few months ago I saw a blog about making a welcome mat. Of course, now that I am finally getting around to doing the project I can't find my original inspriation blog. But I can show you how I made mine :)
I bought a plain welcome mat at IKEA for $4.99. It's a natural fiber mat with a latex backing.I also bought a pack of stencil letters at Menard's for $3.99.
I can just see the possibilities of making mats for different seasons, or for gifts.