The word "赠品" is formed by combining two characters: "赠", which means to give or present, and "品", which means product or item. "赠" is a phono-semantic character composed of the radical "贝" (shell/money) indicating value and the component "曾" suggesting pronunciation, while "品" is an ideographic character representing multiple objects to denote goods. Together, they create a compound meaning "gift item", where "赠" modifies "品" to specify an item given as a present.