Another interesting product that I saw this past weekend at the Michigan Golf Show was called The Glove Grabber.
With a high strength nylon front and a velcro back, the Glove Grabber attaches to your bag and offers a tidy place to hang your glove as you head to the green with your putter. Just stick the velcro on your glove to the velcro on the Grabber.
The grabber also is available with a leather front.
You can order them individually, but where I think the Glove Grabber really shines is as a promotional product. You can buy them in bulk, get them printed with your logo and give them out at outings, trade shows or other events. Beats the heck out of those foam beer can sleeves.