All we need is an inkjet or a bubble-jet printer, waxed based paper, roller, sharp cutter and receiving medium such as matte paper (190g)
After printing the desired image on waxed paper, put it on top of the matte paper and roll on top of it with a roller. Press the roller hard and be careful not to move the papers at all.
After rolling, cut the end product with a cutter. Final product is the one at the bottom.
I have found some other ways of doing ink transfer but this, in my opinion, is the easiest way to do.
1.Rotate your image horizontally using your computer so that when it is transferred, it will be in the right orientation, especially so, if your image contains words.
2. Use Photoshop to make your image more vibrant, the transferred picture is usually not that bright. (Compare the differences in the above picture
Top: printed directly on the matte paper, bottom : transferred from the waxed based paper )
Attached a video from You tube which showed similar way of transferring to a paper bag using used sticker label sheet.
With the simple technique, I think it would be a good idea test on different receiving medium such as to create pictures of your children on goodie bags, to create cards, scrapbook ideas, even just to frame it up as a portrait for your home.