Lisa's simple organizing tip for rubber hair bands:
Little rubber bands are invading our bathroom! I took an empty seven day pill case (they come in various sizes and shapes) and filled it with hair bands. So now those 400 rubber bands from Wal Mart have a nice neat home in the drawer. Easy peasy, just flip the lid, take what you need and close the lid. Our pill case is clear so my daughter can pick what color she wants and even get them out with no mess.
It took me FOREVER to organize my daughter's hair thingies. I ended up finding a little set of acrylic canisters that screw together so you can grab the whole collection at once. I wish I could show you, but I can't seem to find it on Amazon, or at the Container Store (where I bought it).
Related: Store hairbands on a carabiner