I too bought an assortment of 3M sticky back sheet foam from the auction site. Some are open cell. Some are closed cell. I even bought some velvet with sticky back. The packs I got came in various thicknesses. I cut them with a paper cutter to get straight lines, or an x-acto knife if it's a weird shape. I typically use toothpicks and naphtha to remove the old seals, and soak the new seals in naphtha to give me a few seconds to place them before the glue gets sticky. That's assuming the naphtha won't deteriorate the plastic. If it will, I'll use rubbing alcohol, which does work as well but is safer on certain plastics.
It's really the best way to go if you own a lot of vintage cameras. If you just need the one, a kit is probably a cheaper way to go, and definitely a lot easier. If you need something fixed right this minute and don't have the time to wait for something to ship, just use electrical tape on the outside seams, and clean up the residue later with rubbing alcohol or naphtha when the foam arrives.